Property profile

245 Main St Frankenmuth, MI 48734

OFF-MARKET
Commercial real estate
Property ID
US43-5012384
43,430 SF 1.56 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 43,430 SF
Lot 1.56 ac (67,779 SF)
Zoning code B2 COMM
APN 03-11-6-26-0807-001
UPID US43-5012384

Cap rate & NOI

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

Location

245 Main St Frankenmuth, MI 48734-1613
Frankenmuth metro Census 11302 SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$435k

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2012
$465,000
2009
$190,000
2007
$525,000
1969
Price N/A

Zoning & alternative use

B2 COMM · Frankenmuth, MI

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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