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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2304 Jefferson Ave, Trenton, MI 48183-2706
Entity Owned
2-yr Hold
Free & Clear
Property ID
US43-5250923
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1968
Total area
946 SF
Lot
0.15 ac (6,534 SF)
Zoning code
B-3
APN
54 014 02 0158 000
UPID
US43-5250923
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Waterfront Estate LLC · 2 yrs held
Waterfront Estate LLC
since 2024
7 recorded transactions
Zoning & alternative use
B-3 · Trenton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Trenton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trenton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,460
Tax year 2023
Assessed value
$128,300
Assessed 2024
Previous assessed
$120,500
+6.5% YoY
Effective rate
6.59%
On assessed value
Total market value
$256,600
Applied tax rate
82,155.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1968
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
946 SF
Lot
0.15 ac (6,534 SF)
Zoning code
B-3
APN
54 014 02 0158 000
UPID
US43-5250923
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Trenton, MI
Zoning B-3 · permitted uses
B-3 · Trenton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trenton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Waterfront Estate LLC
Entity
Free & Clear · 2 yrs held
Mailing address
233 BRENTWOOD DR, DEARBORN, MI 48124-1177
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2024
—
Waterfront Estate LLC
Takach Nawel
Land Contract
—
May 3, 2016
$220,000
Trenton Holdings LLC
Diamond Trenton Property LLC
Warranty Deed
—
Nov 24, 2015
—
Diamond Trenton Property LLC
Diamond West Holdings LLC
Quit Claim Deed
related
—
Jan 15, 2015
—
Diamond West Holdings LLC
Mdn Real Estate Investment LLC
Warranty Deed
—
Jun 1, 2012
$85,000
Mdn Real Estate Investment LLC
Myas INC
Grant Deed
$150,000 · Corrigan Oil Co #ii
Sep 23, 2011
—
Myas INC
Zaben,imad
Quit Claim Deed
related
—
Apr 1, 2005
$100,000
Eddie Zaben
Bermerica Investment Co INC
Warranty Deed
—
—
—
Eddie Zaben
—
Deed Of Trust
related
—
—
—
Eddie Zaben
—
Deed Of Trust
related
—
—
—
Imad Zaben
—
Deed Of Trust
related
$1,656,926 · Comerica Bank
—
—
Takach Nawel
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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