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Trenton Office Building For Sale
For Sale
$765,000

2272 West Jefferson, Trenton, MI 48183

Office building with 8,173 square feet of space available.

Property Size8,173 SF
Price / SF$93.60
Days on Market194

Property Features for 2272 West Jefferson

General Information

Standard status Active
Size 8,173 SF
Total Parking Spaces 16
Property subtype Office
Zoning B3, General Business

Building Details

Building Size 8,173 SF
Year Built 1965
Year Renovated 2020
Listing Agency: Friedman Integrated Real Estate
Listed By: Greg Hornby · License #6501313839
Source: Friedmanrealestate
Added: Mar 27 Changed: Oct 4 Last Checked: Oct 5 at 4:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Friedman Integrated Real Estate

Investment Insights

Based on property information with market context.

This commercial property, suitable for office use, offers 8,173 square feet of space. It is located in Trenton, MI.

Key Highlights

  • Office space available.
  • Boasting 8,173 SqFt of space.
  • Built in 1965.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,136
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,720 $562.7K
Cap Rate 7%
$401,943 $401.9K
Cap Rate 9%
$312,622 $312.6K
Market Conditions
NOI Build-Up for 8,173 SF
Gross rent
$49.0K $6.00/SF
− Vacancy
−$11.5K −$1.41/SF
EGI
$37.5K $4.59/SF
− OpEx
−$9.4K −$1.15/SF
NOI
$28.1K $3.44/SF
Area
Wayne County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,720
Cap Rate 7%
$401,943
Cap Rate 9%
$312,622

Alternative Uses

Best Use
Office B
$401.9K
$351.7K – $468.9K (±1% cap)
NOI $28,136 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.51M
$1.32M – $1.77M (±1% cap)
NOI $105,922 @ 7.0% cap · market cap 13.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office Spaces

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Daycare Center Barber Shop Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48183, MI

42,447
Population
18,095
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
94%
High-School Grad
18.0 sq mi
ZIP Area
2,358
Density / Sq Mi
$82,020
Median Household Income
$51,534
Median Earnings
$1,009
Median Rent
$214,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Walmart Home Theater Installation — 23800 Allen Rd, Woodhaven, MI 48183
  • Office Depot Tech Services — 23420 Allen Rd, Woodhaven, MI 48183
  • Pittman Technology — 2907 West Rd suite b, Trenton, MI 48183

Frequently Asked Questions

What type of property is this?
Office space - Office building with 8,173 square feet of space available.
Where is this office space located?
The property is located at 2272 West Jefferson Trenton, MI.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Office space available.; Boasting 8,173 SqFt of space.; Built in 1965.
More about this property
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