1868 M-21, Owosso, MI 48867
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.