1560 M 21Owosso, MI 48867

Off market
$9,618,140 Estimated
  • Strip malls
  • 11,652 SF

Property Details for 1560 M 21

Year built
1993
Lot size
0.96 AC
Property size (Sq ft)
11,652 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
007-17-300-007-04
APU
71730000704

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,932,182
    6.5%
    $2,706,630
    7%
    $2,513,299
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,746,619
    Geo Method
    $2,746,619
  • Alternative Use

    Use
    Valuation
    Residential
    $2,283,144
    Hospitality
    $2,091,347
    Educational
    $1,739,976
    Medical
    $1,799,817
    Retail
    $2,706,630
1560 M 21, Owosso, Michigan

Location Insight

City
Owosso
County
Shiawassee
State
Michigan
Latitude
42.9983
Longitude
-84.1391
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
$25,260
-
-
$598,000
-
-
-
$1,196,000

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