Property profile

1868 M-21 Owosso, MI 48867

OFF-MARKET
Retail properties & Spaces
5.25 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 5.248-acre commercial land parcel presents a remarkable investment opportunity in Owosso, Michigan. Located on M-21 (E Main Street), this property boasts 172 feet of prime frontage within a thriving retail corridor. The B-2 zoning allows for a wide range of commercial development possibilities, making it ideal for businesses seeking high visibility and accessibility. The site's strategic location places it in close proximity to a multitude of established national retailers, including Walmart, Kroger, Home Depot, Aldi, Planet Fitness, Dollar Tree, Maurice's, Aaron's, AutoZone, and a Buick GMC dealership, ensuring significant foot traffic and consumer presence. The property's APN is 007-20-200-008. This is a rare chance to acquire a substantial land holding in a densely populated area with proven retail success, offering significant potential for future growth and return on investment. The asking price for this exceptional property is $349,000. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to secure a prime location in a bustling retail environment.

Property profile

Verified
Property type Retail properties & Spaces
Lot 5.25 ac (228,603 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1868 M-21 Owosso, MI 48867
Owosso metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1868 M-21?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message