7.2 Acres - Commercial Vacant Land

Vacant Land for Sale
Catylist Listing ID: 30777483
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 7.20 Acres
Sale Price: $699,900
Unit Price: $97,208 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2023

Overview / Comments

Large parcel on busy main street in Owosso seeing approximately 23,766 VPD. 239' of road frontage and additional lots adjacent to property available. Great Traffic exposure and perfect site for independent Retail business. Zoned Commercial B2 and grandfathered Residential. Home on property is a tear down. City water and Sewer already to parcel. surrounding retailers include Walmart, Home Depot, Aldi, planet Fitness, Dollar Tree, Maurices. Aarons, AutoZone, multiple Car dealers and many more.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Shiawassee
Taxing Authority: Caledonia Twnshp
Tax ID/APN: 00720200009
Zoning: B2
Property Visibility: Excellent
Legal Description: Long Legal on File
Largest Nearby Street: M21
Traffic/Vehicle Count: 23,766
Site Description: Flat. Previously used as Residential and grandfathered but rezoned to Commercial B2
Area Description: Growing community with vibrant Retail corridor.
Lot Frontage: 239'
Lot Depth: 1297'
Zoning Description: Commercial B2
Topography: Level
Easements Description: None
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,772 22,529 26,994
Median Age: 35.42 37.83 38.43
Households: 780 9,058 10,981


Photograph of Listing Agent

Steven Melchor

Berkshire Hathaway
CPIX Member
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