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    OFF-MARKET
    Commercial real estate

    4049 Longmeadow Dr, Trenton, MI 48183-3913

    6.46 ac lot
    Entity Owned Free & Clear
    Property ID
    US43-1237447
    Property summary
    AI-generated overview

    This exceptional 6.46-acre property in Trenton, Michigan, presents a unique redevelopment opportunity. The site encompasses a 42,400-square-foot, single-story former elementary school building constructed in 1960 with additions in 1962 and 1966. The property boasts three structures, offering ample space for various uses. The existing building features 24 classrooms, each with ensuite restrooms and sinks, multiple meeting rooms, a full commercial kitchen, a lunchroom, 17 restrooms/showers/locker rooms, a gymnasium, an enclosed courtyard, and a large play yard. The property also includes 100 surface parking spaces and a storage shed. Mechanical systems are well-maintained, and original blueprints are available. Located on Longmeadow Drive, between Steiner Street and Tanglewood Street, this property enjoys a quiet residential setting while being conveniently situated minutes from the I-75 exit and near the heavily trafficked retail corridors of West Road/Allen Road and Van Horn Road. Its prime location borders Woodhaven, Riverview, and Brownstown Charter Township, with proximity to Grosse Ile and Canada. The R-2 zoning permits a variety of uses, including family daycare, group homes, recreational facilities, schools, libraries, and churches (excluding Traumatic Brain Injury facilities). Potential exists for rezoning to accommodate elderly living or cluster housing. The asking price is $950,000. The property's APN is 54-018-99-0001-701. City water and sewer are available. The Trenton Public Schools district serves the area.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 6.46 ac (281,398 SF)
    Zoning code R2
    APN 54 018 99 0001 701
    UPID US43-1237447
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    FIRST BAPTIST CHURCH TRENTON
    FIRST BAPTIST CHURCH TRENTON
    Zoning & alternative use
    R2 · Trenton, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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