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Property profile & analytics

2903 Trumbull St Detroit, MI 48216-1272

  • Individual retail properties
  • 1,950 SF
  • 0.26 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-0375670
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

  • Knox Cleaners / Dry Cleaner

Property Details for 2903 Trumbull St

Year built
1900
Lot size
0.26 lot acres
Property size
1,950 SF
Zone code
R4
Property type
Individual retail properties
APN
08005934-6
APU
80059346

Description

This exceptional 1,950 square foot retail property, located at 2903 Trumbull Street in Detroit, Michigan, presents a unique investment opportunity. Situated on a 0.4-acre lot, this single-story, 1999-built building boasts a prime North Corktown location, directly across from the Motor City Casino & Hotel. The property benefits from its hard corner location within the thriving Corktown Development Zone, offering excellent visibility and accessibility. Zoned R4, this space provides flexibility for a variety of retail uses. The asking price is $795,000, translating to $407.69 per square foot. Convenient access to major thoroughfares, including I-75 and the Lodge Freeway, ensures easy commutes for both employees and customers. This property represents a compelling investment in a rapidly developing area of Detroit, offering significant potential for growth and return. The building's size and location make it ideal for a variety of retail businesses seeking a high-traffic, high-visibility location in a revitalized neighborhood. This is a rare opportunity to acquire a well-situated retail space in one of Detroit's most dynamic and up-and-coming areas. The property's 1999 construction date suggests a relatively modern building, minimizing potential maintenance needs.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.0711
Latitude
42.3379
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
2020
$2,390
$0.00
$0.00
$80,700
-
$0.00
$0.00
$161,400
More about this property
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