$110,000
$10K PRICE DROP

1465 Mcmillan Rd Owosso, MI 48867

Estimated payment $731/month

Total Views 69,762
1.03 Acres
$106,796 Price per Acre
44,867 Sq Ft Lot

About This Lot

Prime industrial land in Owosso! Ready for development! This 1.03-acre lot is zoned for industrial use and comes with a fully approved site plan for an 11,939 sq. ft. commercial building—originally designed for a marijuana grow facility, but offering endless possibilities for various industrial or commercial ventures. Essential groundwork is already complete, including Phase I & II Environmental Site Assessments (2020) and a geotechnical report, giving you confidence in a solid foundation for construction. The gently sloping terrain provides the option for a two-story design, allowing for optimized space and expansion potential. With much of the planning and due diligence already handled, this is an exceptional opportunity for investors, developers, and business owners. Land contract financing is available- Flexible financing, making it easier to secure this prime investment!

Listing Agent

Travis Scott

EXP Realty License #FAAR Listed on: 02/16/2025

EXP Realty

Co-Listing Agent

Macey Burk

EXP Realty License #FAAR

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 1.03 Acre Lot
  • 245 Ft Wide Lot
  • Property is zoned Industrial

Listing and Financial Details

  • Assessor Parcel Number 050-480-000-003-00

Property Details

Property Type

Land

Est. Annual Taxes

$1,446

Lot Details

0

Listing Details

  • Originating MLS: East Central Association of REALTORS
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Total Tax Amount: 1446
  • Mail City: Owosso
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 245
  • Frontage Type: Road

Utilities

  • Water: None
  • Sewer/Septic System: None

Schools

  • School District: Owosso Public Schools

Lot Info

  • Assessor Parcel Number: 050-480-000-003-00
  • Acreage: 1.03
  • Zoning: Industrial
  • Lot Size: 1.03 ACRES

Tax Info

  • Summer Tax: Year: 2024, Amount: $654.00
  • Winter Tax: Year: 2023, Amount: $801.00
  • Total Tax: Amount: $1,446.00

MLS Schools

  • School District: Owosso Public Schools

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $110,000 -8.3% --
02/16/2025 02/16/25 For Sale $120,000 -- --
Source: Michigan Multiple Listing Service

Source: Michigan Multiple Listing Service

MLS Number: 50166706

Michigan Multiple Listing Service