Property profile

1001 E M 21 Owosso, MI 48867

FOR SALE
Grocery and convenience stores
Property ID
US43-2185202
16,426 SF 1.7 ac lot Built 2008
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2008
Total area 16,426 SF
Lot 1.7 ac (74,052 SF)
APN 007-18-400-018-01
UPID US43-2185202

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • (Bike/Boat/Book/etc) Store
  • Postal Service Courier Service
  • Pharmacy
  • Cinema (Bike/Boat/Book/etc) Store

Location

1001 E M 21 Owosso, MI 48867
Owosso metro Census 31700 LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$670k

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2020
Price N/A
2017
Price N/A
2012
$4.7M
2008
$450,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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