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    1550-1570 Kingsway Ct Trenton, MI 48183

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    10,900 SF Medical Office - NNN Lease

    Property size:
    10,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,900-square-foot medical office building, located at 1550-1570 Kingsway Ct in Trenton, Michigan, presents a compelling investment or owner-occupancy opportunity. Constructed in 1994, this Class C building boasts an energy-efficient design and is strategically situated within a thriving medical and office complex in Wayne County. Currently, the property features a mix of tenants, including dental and physical therapy practices, generating a net operating income (NOI) of $112,000. A significant portion of the building is currently available for lease, presenting a substantial opportunity to increase the NOI through lease-up of vacant space. The building's prime location offers convenient access to major roadways and is within minutes of Henry Ford Wyandotte Hospital and Corewell East Trenton, ensuring high visibility and accessibility for medical professionals and patients. A 4300 square foot dental office space is available and recently remodeled. This property is ideal for investors seeking strong returns or medical professionals looking for a well-located, functional space to establish or expand their practice. The building's existing tenant base and strategic location provide a solid foundation for future growth and profitability. The property is offered on a triple net (NNN) lease. The zip code is 48183.

    Property Features for 1550-1570 Kingsway Ct

    General Information

    Property type
    Medical offices
    Square Feet
    10,900 SF
    Class
    C

    Building Details

    Year Built
    1994
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1917355
    Latitude
    42.154799

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    FAQs

    What type of property is this?
    Medical office - 10,900 SF Medical Office - NNN Lease
    Where is this medical office located?
    The property is located at 1550-1570 Kingsway Ct Trenton, MI.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1550-1570 Kingsway Ct Trenton, MI 48183
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