13112 Trenton Rd Southgate, MI 48195-1823
- Office buildings
- 1,040 SF
- 0.30 lot acres
Apr 18, 2022
Current Use by Public Records
- Office buildings
Property Details for 13112 Trenton Rd
- Year built
- 1952
- Lot size
- 0.30 lot acres
- Property size
- 1,040 SF
- Zone code
- C-2 GEN BUS
- Property type
- Office buildings
- APN
- 53 009 02 0121 001
- APU
- 53009020121001
Description
This exceptional industrial property, located at 13112 TRENTON in Southgate, Michigan, presents a unique opportunity for investors and developers. The 0.04-acre lot offers significant potential for various industrial uses. Priced competitively at $185,000, this property is situated in a convenient Southgate location, providing easy access to major transportation routes and essential amenities. The absence of existing structures allows for complete customization and design flexibility, making it perfect for new construction tailored to specific business needs. Buyers can envision a modern warehouse, a small-scale manufacturing facility, or a distribution center on this strategically positioned land. The compact size of the lot makes it an attractive option for businesses seeking efficient operations without the overhead of a larger property. This is a blank canvas ready for your vision, offering a chance to build a thriving enterprise in a desirable Southgate location. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The property is sold as-is. Further due diligence is recommended by prospective buyers. All information provided is deemed reliable but not guaranteed.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $85,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $65,000
- 6.5%
- $60,000
- 7%
- $55,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $135,000
- AI Estimate
- $135,000
Market price range: $49.2k - $159kMarket price range: $49.2k - $159k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $100,000 Current use
- COMMERCIAL (GENERAL)
- $115,000 Change: +13% Conversion: Easy
- MEDICAL BUILDING
- $100,000 Change: -3% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $85,000 Change: -18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Southgate
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1941
- Latitude
- 42.2127
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA