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Property profile & analytics
OFF-MARKET
Commercial real estate
646 Main St, Frankenmuth, MI 48734-1620
Trust Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1219473
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
3,650 SF
Lot
0.15 ac (6,665 SF)
Zoning code
B2 COMM
APN
03-11-6-27-1870-000
UPID
US43-1219473
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Amazin' Mitten (Bike/Boat/Book/etc) Store
-
N'Orlins Beignets & Coffee Cafe & Coffee Shop
-
NOrlins Beignets & Coffee at 646 Cafe & Coffee Shop
-
omasbathcreations Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Scott R Rausch Inter Vivos Trust · 1 yrs held
Scott R Rausch Inter Vivos Trust
since 2025
Last sale
$380,000
4 recorded transactions
Zoning & alternative use
B2 COMM · Frankenmuth, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Frankenmuth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Frankenmuth submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$7,188
Tax year 2022
Assessed value
$156,300
Assessed 2023
Previous assessed
$156,300
+0.0% YoY
Effective rate
4.60%
On assessed value
Total market value
$312,600
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1900
Heating
WOOD FURNACE
Stories
1
Total area
3,650 SF
Lot
0.15 ac (6,665 SF)
Zoning code
B2 COMM
APN
03-11-6-27-1870-000
UPID
US43-1219473
Jurisdiction
SAGINAW
Zoning & alternative use
B2 COMM · Frankenmuth, MI
Zoning B2 COMM · permitted uses
B2 COMM · Frankenmuth, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Frankenmuth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
WOOD FURNACE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Scott R Rausch Inter Vivos Trust
Trust
Free & Clear · 1 yrs held
Mailing address
422 N MAIN ST, FRANKENMUTH, MI 48734-1116
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2025
$380,000
Scott R Rausch Inter Vivos Trust
Teryl L Bender
Warranty Deed
—
Nov 14, 2014
—
Stoner,douglas & Doris Trust
K & S Corp
Grant Deed
related
—
Oct 28, 2014
—
Stoner,douglas & Doris Trust
K & S Corp
Quit Claim Deed
—
Apr 10, 2009
—
Rausch,scott R Trust
K & S Corp
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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