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    5647 Hoover St Trenton, MI 48183

    For Sale
    $179,000

    0.97-acre Industrial Zoned Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 0.97-acre agricultural property, located at 5647 Hoover St, Trenton, MI 48183 (APN 54-026-01-0014-001), presents a unique investment opportunity. Zoned I2 – Industrial 2, this land offers significant potential for various industrial uses. The property boasts all utilities already connected, a considerable advantage for any development project. A 1,670 square foot house is currently situated on the lot

    Property Features for 5647 Hoover St

    General Information

    Property type
    Farms
    Lot Size
    42,253 SF

    HighLights

    • 0.97‑acre industrial lot in Trenton, MI (APN 54‑026‑01‑0014‑001) at 5647 Hoover St.
    • I2 Industrial zoning allows for diverse industrial development.
    • All utilities are connected.
    • Includes a 1,670 sq ft existing house.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Pharmacy Skin Care Clinic Storage Facility Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.195942
    Latitude
    42.1138671

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    FAQs

    What type of property is this?
    Farm - 0.97-acre Industrial Zoned Land
    Where is this farm located?
    The property is located at 5647 Hoover St Trenton, MI.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: 0.97-acre industrial lot in Trenton, MI (APN 54-026-01-0014-001) at 5647 Hoover St.; I2 Industrial zoning allows for diverse industrial development.; All utilities are connected.
    Request Owner's contact information
    5647 Hoover St 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
    5647 Hoover St Trenton, MI 48183
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