880 Jefferson, Trenton, MI 48183
This exceptional 21,705 square foot industrial building, located at 880 W Jefferson in Trenton, Michigan, presents a compelling investment opportunity. Built in 1981 and extensively renovated in 2018, this two-story structure boasts a desirable I-3 heavy industrial zoning, perfect for a variety of manufacturing, fabricating, assembling, and storage operations. The property sits on a 0.73-acre lot and includes 21 parking spaces, two loading docks, and two dock-high doors, ensuring efficient material handling. Ceiling heights range from 10 to 18 feet, providing ample vertical space. The building features heavy power, and an interior truck well. The property's location within Trenton's Green Zone makes it suitable for marijuana cultivation and processing, subject to all applicable regulations and licensing. The Wayne County property (APN: 54 004 99 0002 701) has a current property tax assessment of $22,406. Flexible financing options, including land contract terms and lease options, are available. This turnkey facility is ready for immediate occupancy and offers significant potential for growth and profitability. The asking price for this exceptional property is $1,250,000. Contact to discuss terms.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.