$160,000

1465 Mcmillan Ave Owosso, MI 48867

Estimated payment $966/month

1.03 Acres
$155,340 Price per Acre
44,867 Sq Ft Lot

About This Lot

1.03 acres of industrial-zoned land. Fully approved site plan for an 11,939 sq. ft. industrial/commercial building. Originally designed for a marijuana grow facility but suitable for a broad range of light-industrial uses. Phase I & II environmental reports (2020) and geotechnical report completed and available. Gentle grade allows for optional two-story design. Public utilities at the street. Easy access to M-52 and regional routes. Most due-diligence work completed—site is ready for development. Land contract terms available.

Listing Agent

Joseph Sesi

EXP Realty Main License #6506048975 Listed on: 11/26/2025

EXP Realty Main

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 245 x 166 x 278 x 186
  • Property is zoned Light Industrial

Utilities

  • Sewer in Street

Community Details

  • Owosso Southeast Indust Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05048000000300

Property Details

Property Type

Land

Est. Annual Taxes

$1,485

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 40500.0000
  • AgentOnly_ListPriceByAcre: 155339.8000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Lot Info

  • Lot Size Area: 1.03
  • Lot Dimensions: 245 X 166 X 278 x 186
  • Parcel Number: 05048000000300
  • Zoning: Light Industrial

Rental Info

  • Deposit Amount: 25000.00

Tax Info

  • Tax Amount Summer: 684.0000
  • Tax Amount Winter: 801.0000
  • Total Tax: 1485.0000
  • Taxable Value: 24331.0000

MLS Schools

  • School District: Owosso

Map

Range of Values:

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Value Increase
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Percent Increase
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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 List to Sale Price per Sq Ft
11/26/2025 11/26/25 For Sale $160,000 -- --
Source: Realcomp

Source: Realcomp

MLS Number: 20251056632

Realcomp