Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1240 Jefferson Ave Trenton, MI 48183

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial warehouse, single tenant, ideal location.

    Lot size:
    9,753 SF

    Property Features for 1240 Jefferson Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,753 SF

    Spaces For Lease

    at 1240 Jefferson Ave, Trenton, MI 48183 Contact us

    We can help!

    Listing Contact
    Justin Gaffrey
    Justin Gaffrey

    Listing Agency: Signature Associates Listing Agent: Justin Gaffrey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 9,753-square-foot warehouse is available for lease at 1240 W Jefferson Ave, Trenton, MI 48183. Located in Wayne County, this single-tenant property offers significant potential for various industrial uses. The building boasts a substantial 16-foot ceiling height, providing ample vertical space for storage or operations. Access is facilitated by one dock-high door, ensuring efficient loading and unloading of goods. The property is zoned I-1, aligning with a range of industrial applications. A key advantage is the installation of new 3-phase power, providing reliable and sufficient electrical capacity for modern industrial equipment. The entire 9,753 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. This prime location in Trenton, Michigan offers easy access to major transportation routes, making it an attractive option for businesses requiring efficient logistics. The property is ready for immediate occupancy. Interested parties are encouraged to inquire further to explore the leasing opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    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

    Nearby Similar for Lease

    • $3,000 /Mo
      2,028 SF

      Commercial Space in Trenton, MI

      2028 sqft commercial space with garage and storefront.
      5700 W Jefferson Ave, Trenton, MI 48183
      View Details
    • $2,700 /Mo

      Downtown Trenton Commercial Lease Available

      Commercial lease available in the growing Trenton business district.
      2704 W Jefferson Ave, Trenton, MI 48183
      View Details
    • $14 SF/Yr
      5,800 SF

      Visible Office Space for Rent

      Highly visible office space suitable for various professional uses.
      22001 Allen Rd, Trenton, MI 48183
      View Details
    • $14 SF/Yr
      5,800 SF

      High-Visibility Office Space Available

      Office space for rent on Allen Road in Trenton, MI.
      22001-22003 Allen Rd, Trenton, MI 48183
      View Details
    • Contact for pricing
      2,088 SF

      Former Bank with Drive-Thru

      Former bank with drive-thru available for lease or build-to-suit.
      21333 Telegraph Rd, Trenton, MI 48183
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available for rent at 21333 Telegraph Rd.
      21333 Telegraph Rd, Trenton, MI 48183
      View Details
    • Contact for pricing

      Office Space for Rent

      Office space available for rent at 1581 Van Horn Road.
      1581 Van Horn Rd, Trenton, MI 48183
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available for rent at 21333 Telegraph Rd.
      21333 Telegraph Rd, Trenton, MI 48183
      View Details
    • Contact for pricing

      Office Space for Rent

      Office space available for rent at 1581 Van Horn Road.
      1581 Van Horn Rd, Trenton, MI 48183
      View Details
    • Contact for pricing
      9,408 SF

      Neighborhood Shopping Center Space Available

      9,408 sq ft available in active Trenton shopping center.
      16075-16125 Rd West, Trenton, MI
      View Details
    • Contact for pricing
      2,400 SF

      Industrial Space with Yard

      2,400 SF industrial space with yard for lease.
      232 W Jefferson Ave, Trenton, MI
      View Details
    • Contact for pricing

      Trenton Retail/Automotive Property For Rent

      Retail/Automotive property available for rent in Trenton, Michigan.
      2650-2654 Van Horn, Trenton, MI 48183
      View Details

    FAQs

    What type of property is this?
    Distribution property - Industrial warehouse, single tenant, ideal location.
    Where is this distribution property located?
    The property is located at 1240 Jefferson Ave Trenton, MI.
    What are key features of this property?
    This property features: 9,753 square feet available for lease or sale.; 16' clear height.; One grade-level door.
    (248) 799-3143 Call to check price and availability
    Request Owner's contact information
    1240 Jefferson Ave Trenton, MI 48183
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1240 Jefferson Ave
    Trenton, MI 48183
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Justin Gaffrey
    Justin Gaffrey
    Real Estate License ID: 6501317055
    (248) 799-3143 (734) 341-9950 (248) 948-9000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!