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    5474 Jefferson Ave Trenton, MI 48183

    For Sale
    $595,000

    1.71 Acres, I-2 Zoned, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 1.71-acre commercial land parcel in Trenton, Michigan, presents a unique investment opportunity. Located at 5474 W Jefferson Ave, this property is zoned I-2, permitting marijuana cultivation, processing, and related uses. Currently utilized as a storage yard, the site offers significant potential for various commercial ventures, including retail, office, or medical facilities. The property boasts excellent visibility and ample parking, situated at the corner of Holmes Road and Ford Blvd, alongside established businesses such as Shoppers Marketplace, Dollar Tree, and Metro by T-Mobile. The Wayne County location, with a 48183 zip code, provides convenient access to major transportation routes. The land's assessed value is $347,953.22 per acre. While the property has a history of use as a storage yard, the zoning allows for a wide range of development possibilities. The APN is 54-026-01-0003-001. This prime location and flexible zoning make this an exceptional opportunity for investors seeking high-growth potential in a thriving commercial area. Note that some previously listed building details (square footage, height, parking, and year built) are not applicable to this land sale.

    Property Features for 5474 Jefferson Ave

    General Information

    Property type
    Land
    Lot Size
    74,488 SF

    HighLights

    • 1,900 - 15,900 SF available for lease
    • B‑3 zoning
    • 10'-15' clear ceiling height
    • 1965 construction, 2006 renovation
    • 250 parking spaces available
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -83.1918065
    Latitude
    42.1159057

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    FAQs

    What type of property is this?
    Land - 1.71 Acres, I-2 Zoned, High Visibility
    Where is this land located?
    The property is located at 5474 Jefferson Ave Trenton, MI.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 1,900 - 15,900 SF available for lease; B-3 zoning; 10'-15' clear ceiling height
    (248) 799-3143
    Request Owner's contact information
    5474 Jefferson Ave Trenton, MI 48183
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    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
    5474 Jefferson Ave Trenton, MI 48183
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