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    Property profile & analytics

    1070 M 21 Owosso, MI 48867-9007

    • Office buildings
    • 2,566 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    $190,000
    Last Sale
    Aug 14, 2023
    $190,000
    Location Intelligence
    Property ID
    US43-2369546
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 1070 M 21

    Year built
    1900
    Lot size
    1.30 lot acres
    Property size
    2,566 SF
    Property type
    Office buildings
    APN
    007-19-200-044
    APU
    719200044

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $185,000
      6.5%
      $195,000
      7%
      $180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $170,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $155,000
      Retail
      $200,000
      Mixed-Use
      $190,000
      Hospitality
      $150,000
      Educational
      $145,000
      Residential Income
      $160,000
      Energy
      $150,000
      Income-Based Land
      $165,000
      Food Service
      $180,000

    Location Insight

    • Map
    • Local Demand
    City
    Owosso
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.1539
    Latitude
    42.9973
    CBSA code
    29620
    CBSA name
    LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,497
    $0.00
    $0.00
    $149,800
    -
    $0.00
    $0.00
    $299,600

    Comparable in this City

    • Value Estimation by Request
      1,308 SF

      1026 M 21

      OFFICE BUILDING • 1,308 SF
      1026 M 21, Owosso, MI 48867-9007
      View Details
    • Value Estimation by Request
      2,500 SF

      1243 M 21

      OFFICE BUILDING • 2,500 SF
      1243 M 21, Owosso, MI 48867-9038
      View Details
    • Value Estimation by Request
      2,320 SF

      1060 M 21

      OFFICE BUILDING • 2,320 SF
      1060 M 21, Owosso, MI 48867-9008
      View Details
    • Value Estimation by Request
      10,720 SF

      1350 M 21

      OFFICE BUILDING • 10,720 SF
      1350 M 21, Owosso, MI 48867-8000
      View Details
    • Value Estimation by Request
      4,109 SF

      259 State Rd

      OFFICE BUILDING • 4,109 SF
      259 State Rd, Owosso, MI 48867-9075
      View Details
    • Value Estimation by Request
      1,280 SF

      1089 M 21

      OFFICE BUILDING • 1,280 SF
      1089 M 21, Owosso, MI 48867-9014
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $16 SF/Yr
      15,973 SF

      Updated Office Space by River

      Move-in ready office campus with modern upgrades and ample parking.
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      View Details
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      2,000 SF

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      Office space in Owosso's West Town, walkable from neighborhoods.
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      1,622 SF

      Prime Owosso Office/Retail Space

      Newly renovated, high-traffic location.
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    • $11 SF/Yr
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      Riverwood Crossing Retail Spaces

      Prime Corunna retail space, multiple suites available.
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    • $1,500 /Mo
      3,000 SF

      Downtown Owosso Office Space Available

      Three-story building with large windows and city views.
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    • $12 SF/Yr
      750 SF

      Renovated Office Space in Owosso

      Newly renovated office suite with reception area and private offices.
      440 Corunna Ave, Owosso, MI 48867
      View Details
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    1070 M 21
    Owosso, MI 48867-9007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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