Property profile

228 Keystone Way 3 Frankenmuth, MI 48734

OFF-MARKET
Commercial real estate
Property ID
US43-2553507
0.96 ac lot Built 2022
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 2022
Lot 0.96 ac (41,818 SF)
Zoning code CL - PUD
APN 03-11-6-23-2003-008
UPID US43-2553507

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

228 Keystone Way, Unit 3 Frankenmuth, MI 48734-9629
Frankenmuth metro Census 11302 SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2021
Last sale
$84,837
2 recorded transactions
2022
Price N/A
2021
$84,837

Zoning & alternative use

CL - PUD · Frankenmuth, MI
Zoning description

ARTICLE 24. COMMERCIAL: LOCAL PLANNED UNIT DEVELOPMENT DISTRICT (CL-PUD) AND TOURIST PLANNED UNIT DEVELOPMENT DISTRICT (CT-PUD) 5.241.1. Purpose, Intent and Types. (1) The purpose of these districts is to permit flexibil…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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