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    Property profile & analytics

    7002 M 21 Ovid, MI 48866-9624

    • Grocery and convenience stores
    • 1,288 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 16, 2021
    Location Intelligence
    Property ID
    US43-2344992
    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

    • Grocery and convenience stores

    Property Details for 7002 M 21

    Year built
    1948
    Lot size
    0.60 lot acres
    Property size
    1,288 SF
    Zone code
    C-1
    Property type
    Grocery and convenience stores
    APN
    120-015-200-015-00
    APU
    12001520001500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ovid
    County
    Clinton
    State
    Michigan
    Longitude
    -84.4253
    Latitude
    43.0008
    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
    2022
    $0.00
    $8,900
    $108,700
    $117,600
    -
    $17,800
    $217,400
    $235,200

    Comparable in this City

    • Value Estimation by Request
      9,791 SF

      501 Main St

      GROCERY, SUPERMARKET • 9,791 SF
      501 Main St, Ovid, MI 48866-9791
      View Details
    • Value Estimation by Request
      3,420 SF

      108 Main St

      CONVENIENCE STORE • 3,420 SF
      108 Main St, Ovid, MI 48866
      View Details
    • Value Estimation by Request
      1,936 SF

      106 Main St

      GROCERY, SUPERMARKET • 1,936 SF
      106 Main St, Ovid, MI 48866-5104
      View Details
    • Value Estimation by Request
      1,936 SF

      106 Main St

      GROCERY, SUPERMARKET • 1,936 SF
      106 Main St, Ovid, MI 48866-5104
      View Details
    • Value Estimation
      $220,000
      9,791 SF

      501 Main St

      GROCERY, SUPERMARKET • 9,791 SF
      501 Main St, Ovid, MI 48866-9791
      View Details
    • Value Estimation
      $350,000
      2,400 SF

      8998 M 21

      CONVENIENCE STORE • 2,400 SF
      8998 M 21, Ovid, MI 48866-9542
      View Details

    Similar Nearby for Sale

    • $385,000

      Established Car Wash Business Opportunity

      Well-maintained car wash with upgrades in Ovid, Michigan.
      502 S Main St, Ovid, MI 48866
      View Details
    • $314,900
      2,872 SF

      Ovid Retail Investment Opportunity

      Multi-tenant retail space in Ovid, MI, 100% leased.
      9595 E M-21, Ovid, MI 48866
      View Details
    • $250,000
      3.11 Acres

      Ovid Commercial Land - M-21 Frontage

      3.11 Acres, High-Traffic Location, $250,000
      9400 M 21, Ovid, MI 48866
      View Details
    • $85,000

      Commercial Land on Hollister Road

      1.88 acres of commercially zoned land with high visibility.
      1085 Baese Ct, Ovid, MI 48866
      View Details
    • $110,000
      3,440 SF

      Ovid Restaurant with Apartments

      Turnkey Restaurant & Rental Income
      121 Main St, Ovid, MI 48866
      View Details
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    7002 M 21
    Ovid, MI 48866-9624
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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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