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    OFF-MARKET
    Retail properties & Spaces

    1868 M-21, Owosso, MI 48867

    5.25 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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