For Sale
$120,000

1465 Mcmillan RdOwosso, MI 48867

1.03-Acre Industrial Lot, Owosso, MI

Overview

Added:
Dec 11, 2024
Days on market:
124
Exceptional opportunity to own a 1.03-acre industrial lot in Owosso, Michigan, priced at $120,000. This property is zoned for light industrial use and features a fully approved site plan for an 11,939 square foot building, originally designed for a marijuana grow facility, but adaptable for various commercial uses. Completed Phase I and II Environmental Site Assessments (2020) and a geotechnical report are available, minimizing development risks. The gentle slope of the lot allows for potential two-story construction, maximizing space and future expansion options. The parcel's location is 1465 McMillan Rd, Owosso, MI 48867 (APN: 050-480-000-003-00) in Shiawassee County. Much of the due diligence is already completed, streamlining the development process. This presents a significant advantage for investors seeking a quick turnaround on their investment. The property's existing plans and completed assessments offer a solid foundation for immediate development or future expansion, making it an attractive option for a variety of commercial ventures. This is a private ownership opportunity.

Highlights

  • $120,000 asking price for 1.03 acres of industrial land.
  • Light industrial zoning in Owosso, MI.
  • Approved site plan for an 11,939 sq. ft. building.
  • Completed Phase I & II Environmental Site Assessments (2020) and geotechnical report available.
  • Gentle slope allows for potential two-story building.

Property Details for 1465 Mcmillan Rd

Property type
Land, Industrial properties
Lot Size (sq. ft)
44,867 SF

Location Insight

City
Owosso
County
Shiawassee
State
Michigan
Latitude
42.981677745048
Longitude
-84.154982155171
1465 Mcmillan Rd, Owosso, Michigan

FAQs

What type of property is this?
Land - 1.03-Acre Industrial Lot, Owosso, MI
Where is the land located?
The property is located at 1465 Mcmillan Rd Owosso, MI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: $120,000 asking price for 1.03 acres of industrial land.; Light industrial zoning in Owosso, MI.; Approved site plan for an 11,939 sq. ft. building.
How can I contact the broker?
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1465 Mcmillan Rd
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