116 State Rd Owosso, MI 48867
- Commercial land
- 1.88 lot acres
Current Use by Public Records
- Commercial land
Property Details for 116 State Rd
- Lot size
- 1.88 lot acres
- Property type
- Commercial land
- APN
- 007-16-400-005-006
- APU
- 716400005006
Description
This exceptional 1.88-acre commercial land parcel presents a prime investment opportunity in Owosso, Michigan. Strategically located in a high-traffic retail corridor, this B-2 zoned property boasts unparalleled visibility directly across from a major Meijer store. The site is surrounded by a robust mix of national and regional retailers, including The Home Depot, Culver's, Taco Bell, and Applebee's, ensuring consistent high foot and vehicle traffic. Its prominent position just off the signaled intersection of M-21 and N. State Rd. provides exceptional exposure to a large consumer base. Further enhancing its appeal, the property is situated across from Memorial Healthcare Urgent Care, adding to the diverse demographic reach. The APN is 007-16-400-005-006. This location offers an exceptional opportunity for developers seeking high-impact commercial development in a thriving retail environment. The property's size and location make it ideal for a variety of commercial uses, capitalizing on the significant existing retail density and high traffic counts. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a strong retail market. The address is 116 N State Rd, Owosso, MI 48867.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Owosso
- County
- Shiawassee
- State
- Michigan
- Longitude
- -84.1182
- Latitude
- 42.9996
- CBSA code
- 29620
- CBSA name
- LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
