Add Listing
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    1337 King Rd Trenton, MI 48183-1257

    • Manufacturing properties
    • 29,620 SF
    • 3.05 lot acres
    OFF-MARKET
    Value Estimations
    $2,025,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US43-1431365
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 1337 King Rd

    Year built
    2000
    Lot size
    3.05 lot acres
    Property size
    29,620 SF
    Zone code
    I2
    Property type
    Manufacturing properties
    APN
    54 012 01 0015 300
    APU
    54012010015300

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,024,000
      Market price range: $774k - $2.08M
      AI Estimate
      $2,024,000
      Market price range: $774k - $2.08M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,465,000
      Current use
      MEDICAL BUILDING
      $2,790,000
      Change: +90% Conversion: Difficult
      OFFICE BUILDING
      $2,600,000
      Change: +77% Conversion: Difficult
      RETAIL STORES
      $2,435,000
      Change: +66% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $2,355,000
      Change: +61% Conversion: Difficult
      RESTAURANT
      $2,285,000
      Change: +56% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.185
    Latitude
    42.1552
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $51,637
    $0.00
    $0.00
    $778,500
    -
    $0.00
    $0.00
    $1,557,000

    Comparable in this City

    • Value Estimation
      $1,300,000
      18,519 SF

      27007 Ft St

      MANUFACTURING (LIGHT) • 18,519 SF
      27007 Ft St, Brownstown Twp, MI 48183-4945
      View Details
    • Value Estimation by Request
      7,666 SF

      20065 Trentwood Ct

      MANUFACTURING (LIGHT) • 7,666 SF
      20065 Trentwood Ct, Brownstown Twp, MI 48183-1016
      View Details
    • Value Estimation
      $615,000
      8,910 SF

      26401 Hall Rd

      MANUFACTURING (LIGHT) • 8,910 SF
      26401 Hall Rd, Woodhaven, MI 48183-5110
      View Details
    • Value Estimation
      $1,120,000
      26,802 SF

      2331 Toledo St

      MANUFACTURING (LIGHT) • 26,802 SF
      2331 Toledo St, Trenton, MI 48183-4715
      View Details
    • Value Estimation by Request
      2,400 SF

      232 Jefferson Ave

      Manufacturing properties • 2,400 SF
      232 Jefferson Ave, Trenton, MI 48183
      View Details
    • Value Estimation
      $16,445,000
      234,443 SF

      25235 Hall Rd

      MANUFACTURING (LIGHT) • 234,443 SF
      25235 Hall Rd, Woodhaven, MI 48183-5111
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Woodhaven Light Industrial Opportunity

      Large parcel with building near I-75 and Van Horn.
      22425 Van Horn Rd, Woodhaven, MI 48183
      View Details
    • $645,000
      999 SF

      Brownstown Industrial Land - 1.6 Acres

      Prime Brownstown location, 1.6 acres, rezoning potential.
      27092 Allen Rd, Brownstown, MI 48183
      View Details
    • $985,000
      9,350 SF

      Warehouse with Fenced Yard

      9,350 sq. ft. warehouse on 1.86 acres near I-75.
      20380 Van Horn Rd, Trenton, MI 48183
      View Details
    • Contact for pricing

      Land with Existing Utilities

      Green zone land suitable for cultivation facility with existing utilities.
      5647 Hoover St, Trenton, MI 48183
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Single Tenant Opportunity

      Industrial property suitable for a single tenant on 2 acres.
      1 W Jefferson Ave, Trenton, MI 48183
      View Details
    • $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
    • Contact for pricing

      Renovated Shopping Center Retail Space

      Renovated shopping center with one remaining retail unit.
      3331 West Rd, Trenton, MI 48183
      View Details
    • Contact for pricing

      Retail Space in Brownstown Center

      Retail space available in a busy shopping center.
      23115 Telegraph Rd, Trenton, MI 48183
      View Details
    • Contact for pricing

      Office Space Available for Rent

      Office space available, offering 10,953 SqFt in Woodhaven, MI.
      22601 Allen Rd, Woodhaven, MI 48183
      View Details
    • Contact for pricing

      Commercial Space Available for Lease

      Commercial property available for lease at 880 W Jefferson Ave.
      880 W Jefferson Ave, Trenton, MI 48183
      View Details
    Request Owner's contact information
    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.
    1337 King Rd
    Trenton, MI 48183-1257
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!