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    1240 Jefferson Ave Trenton, MI 48183

    Sponsored
    For Sale
    $990,000

    9,753 SF Warehouse - Vacant, Ready to Lease or Occupy

    Property size:
    9,753 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,753-square-foot warehouse, located at 1240 W Jefferson Ave in Trenton, Michigan (48183), presents a unique investment opportunity. The property boasts a 16-foot clear ceiling height, ideal for various industrial uses. A single dock-high door provides convenient access for loading and unloading. The building is zoned I-1, and features recently completed upgrades including a new roof, fenced yard, and new 3-phase power. The property also benefits from a green zone improvement and is fully prepared for cultivation, with pre-approval from both the municipality and state for Class C cultivation. Plumbing and extra electrical power are already in place. The asking price is $990,000, translating to $101.51 per square foot. Owner financing is available. While a lease rate of $12,000 per month NNN is available, this listing focuses on the sale of the property. This is a turnkey operation, ready for immediate occupancy or lease. The property's strategic location in Wayne County, Michigan, offers excellent access to major transportation routes. Don't miss this chance to acquire a fully prepared and upgraded industrial warehouse in a high-demand area.

    Property Features for 1240 Jefferson Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    9,753 SF

    HighLights

    • 9,753 square feet available for lease or sale.
    • 16‑foot clear ceiling height.
    • One grade‑level loading door.
    • Owner financing available.
    • I‑1 zoning.
    • New three‑phase power and landscaping improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1747513
    Latitude
    42.1588724

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    FAQs

    What type of property is this?
    Distribution property - 9,753 SF Warehouse - Vacant, Ready to Lease or Occupy
    Where is this distribution property located?
    The property is located at 1240 Jefferson Ave Trenton, MI.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: 9,753 square feet available for lease or sale.; 16-foot clear ceiling height.; One grade-level loading door.
    Request Owner's contact information
    1240 Jefferson Ave Trenton, MI 48183
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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
    1240 Jefferson Ave Trenton, MI 48183
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