Prime Development Opportunity on M-21

Vacant Land for Sale
Catylist Listing ID: 30401455
Property Subtypes: Office, Retail
Gross Land Area: 17.44 Acres
Sale Price: $1,495,000
Unit Price: $85,722 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/6/2021

Overview / Comments

This property offers 17.44 acres with 574 feet of frontage on busy M-21 in Owosso seeing approximately 23,766 VPD. Utilities on site. Surrounding retailers include Walmart, Kroger, Home Depot, Aldi, Planet Fitness, Dollar Tree, Maurices, Aarons, AutoZone, Buick GMC and many many more.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Shiawassee
Taxing Authority: Caledonia Charter Township
Tax ID/APN: 007-20-200-009, 007-20-200-007, 007-20-200-008
Zoning: B-2
Property Visibility: Excellent
Feet of Frontage: 574

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,772 22,529 28,188
Median Age: 35.42 37.83 38.8
Households: 780 9,058 11,443

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