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    Property profile & analytics

    1089 M 21 Owosso, MI 48867-9014

    • Office buildings
    • 1,280 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 03, 2025
    Location Intelligence
    Property ID
    US43-2241839
    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 1089 M 21

    Year built
    1960
    Lot size
    0.17 lot acres
    Property size
    1,280 SF
    Property type
    Office buildings
    APN
    007-48-002-000
    APU
    748002000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Owosso
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.1527
    Latitude
    42.9981
    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
    $3,955
    $0.00
    $0.00
    $96,900
    -
    $0.00
    $0.00
    $193,800

    Comparable in this City

    • Value Estimation by Request
      1,600 SF

      1085 M 21

      OFFICE BUILDING • 1,600 SF
      1085 M 21, Owosso, MI 48867-9014
      View Details
    • Value Estimation by Request
      1,350 SF

      2246 M 21

      OFFICE BUILDING • 1,350 SF
      2246 M 21, Owosso, MI 48867-9069
      View Details
    • Value Estimation by Request
      340 SF

      1041 M 21

      OFFICE BUILDING • 340 SF
      1041 M 21, Owosso, MI 48867-9001
      View Details
    • Value Estimation by Request
      3,658 SF

      2021 M 21

      OFFICE BUILDING • 3,658 SF
      2021 M 21, Owosso, MI 48867-9064
      View Details
    • Value Estimation by Request
      1,056 SF

      255 Hintz Rd

      OFFICE BUILDING • 1,056 SF
      255 Hintz Rd, Owosso, MI 48867-9019
      View Details
    • Value Estimation by Request
      1,840 SF

      135 State Rd

      OFFICE BUILDING • 1,840 SF
      135 State Rd, Owosso, MI 48867-9075
      View Details

    Similar Nearby for Sale

    • $1,000,000

      Turnkey Investment Property For Sale

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      Prime Owosso Office Building

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    • $525,000
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      Downtown Owosso Retail Building

      High-traffic, fully occupied investment
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    • $160,000
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      Westown Owosso Commercial Opportunity

      Brick building with retail and office space in Owosso.
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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.
      621 W Oliver St, Owosso, MI 48867
      View Details
    • $1,000 /Mo
      2,000 SF

      West Main Street Office Space

      Office space in Owosso's West Town, walkable from neighborhoods.
      812 W Main St, Owosso, MI 48867
      View Details
    • $300 /Mo
      2,000 SF

      Downtown Owosso Armory Co-op Suites

      Co-op office suites in remodeled downtown Owosso Armory building.
      201-215 N Water St, Owosso, MI 48867
      View Details
    • $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
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    • $400 /Mo
      5,150 SF

      Downtown Owosso Office Suites Available

      Office suites for rent in historic downtown Owosso.
      120 W Exchange St, Owosso, MI 48867
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    • $120 SF/Yr
      1,622 SF

      Prime Owosso Office/Retail Space

      Newly renovated, high-traffic location.
      2005 Main St, Owosso, MI 48867
      View Details
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    1089 M 21
    Owosso, MI 48867-9014
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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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