Walgreens - retail in Owosso, MI
Retail

Walgreens

1001 East M 21, Owosso, MI 48867

Price

$4,918,519

Square Feet

14,820

Price/Sq Ft

$331.88

Description

Walgreens - Available for sale

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

1001 East M 21, Owosso, MI 48867

Marker
Leaflet © OpenStreetMap contributors

Property Details

Building Size14,820 SF
Year Built2008

Market Context

This retail in Owosso, MI is listed for sale at $4,918,519 across 14,820 SF ($332/SF). The building dates to 2008. It has been on the market for 142 days.

Compare it against other retail listings for sale in Owosso, MI to benchmark pricing and space — view the full market.

Unified Estimate

Low Confidence
$282.10/SF-$381.66/SF
Mid: $331.88/SF
Total estimate for 14,820 SF
$4,918,462

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallback

Very Low Confidence

Modeled Rate Estimate

$290.39 – $373.37/SF/yr

Estimator modeled rate · mid $331.88

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:-0.0%
Avg Weekly Wage:$1,434

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population67,991
Median Income$67k↓ 10%
College Educated18.7%↓ 14.7pp
Median Age43.2 yrs
Median Home Value$172k
Unemployment4.0%

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Price per Square Foot

$331.88

On par with market

Asking price / 14,820 sqft

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: retail in Owosso, MI

More Retail for Sale in Owosso, MI(5)

Documents

Contact Broker

Listed by

Cushman & Wakefield