M 21 Owosso Development Land

Investment Overview

Investment Highlights

• Prime Development Opportunity on M-21 – 4.01-acre assemblage positioned along East Main Street (M-21), offering excellent visibility and frontage on one of Owosso’s primary retail corridors.
• Adjacent to The Home Depot – Located directly next to Home Depot, benefiting from strong daily traffic and established regional retail draw.
• Signalized Retail Corridor – Situated near the signalized intersection of M-21 and Shiawassee Street, with exposure to 16,871+ vehicles per day, providing strong visibility and accessibility.
• Flexible Development Potential – Property includes two parcels totaling 4.01 acres, including a 3.04-acre vacant development parcel and a 0.97-acre improved parcel with existing 3,079 SF drive-thru building, allowing multiple redevelopment or ground lease strategies.
• Surrounded by National Retailers – Nearby retailers include Meijer, Walmart, ALDI, Starbucks, AutoZone, McDonald's, and The Home Depot, reinforcing the site’s strong retail synergy.
• Strong Demographics & Regional Draw – Over 27,000 residents within 5 miles with $69,562 average household income, supporting long-term retail demand.
• Ideal for Retail / QSR / Medical / Service Uses – Existing drive-thru infrastructure and strong surrounding retail activity make the site well suited for quick-service restaurants, banks, medical users, or service-oriented operators.