915 Corunna Ave, Owosso, MI 48867
This exceptional 0.74-acre commercial and industrial land parcel presents a unique investment opportunity in Owosso, Michigan. Strategically located at the corner of M-71 and Gould Street, this property benefits from high visibility and convenient access. Its proximity to Owosso's active railroad and industrial corridor offers significant advantages for businesses seeking efficient transportation and logistics. The property is designated as a Green Zone, making it suitable for marijuana cultivation under applicable regulations. However, the versatile zoning also presents opportunities for other commercial or industrial uses. The site's size and location make it particularly well-suited for residential apartment development, capitalizing on the growing demand for housing in the area. The parcel's address is 915 Corunna Ave, Owosso, MI 48867, with APN 050-710-001-012-00. This prime location offers significant potential for a variety of development projects, making it an attractive investment for discerning buyers. The asking price is $99,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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