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Property profile & analytics
OFF-MARKET
Industrial land
Jefferson Ave, Trenton, MI 48183
Individually Owned
Absentee Owner
Free & Clear
Property ID
US43-0374869
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.11 ac (4,792 SF)
Zoning code
I3
APN
54 001 02 0013 300
UPID
US43-0374869
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
Area Excavating And Construction Ll
Area Excavating And Construction Ll
since 2025
7 recorded transactions
Zoning & alternative use
I3 · 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
$440
Tax year 2023
Assessed value
$8,600
Assessed 2024
Previous assessed
$6,700
+28.4% YoY
Effective rate
5.12%
On assessed value
Total market value
$17,200
Applied tax rate
82,400.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.11 ac (4,792 SF)
Zoning code
I3
APN
54 001 02 0013 300
UPID
US43-0374869
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
I3 · Trenton, MI
Zoning I3 · permitted uses
I3 · 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
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Area Excavating And Construction Ll
Individual
Free & Clear · 0 yrs held
Mailing address
1 W JEFFERSON AVE, TRENTON, MI 48183-1237
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
$425,000
Area Excavating And Construction Ll
Cmgm LLC
Warranty Deed
—
Oct 14, 2025
—
City Of Trenton
Jefferson Place LLC
Warranty Deed
—
Aug 29, 2025
$435,000
Mitten Commercial Holdings LLC
Trenton Old Town Properties LLC
Warranty Deed
—
Mar 14, 2025
—
Dte Electric Company
City Of Trenton
Deed
—
Feb 5, 2025
$335,000
Pickled LLC
Mihall Bratulescu
Deed
$335,000 · Not Available
Dec 9, 2024
—
Pickled LLC
Mihaela Bratulescu
Deed
—
Oct 18, 2022
—
2901 Jefferson LLC
Buchner Management LLC
Warranty Deed
—
Jul 5, 2022
—
Trenton Mi LLC
Solutia INC
Deed
—
Oct 25, 2021
$295,000
Roundhouse LLC
Carol Ann Luther
Warranty Deed
—
Aug 31, 2021
—
I West Jefferson LLC
Michigan Foundation Company INC
Deed
—
Aug 13, 2021
—
Jefferson Place LLC
Dean Creech
Warranty Deed
—
Apr 13, 2021
$375,000
Angellotti Investments LLC
Mary Charlene Ellias
Warranty Deed
—
Feb 24, 2021
—
Mary Charlene Ellias
Mary Charlene Ellias
Deed
related
—
Feb 8, 2021
—
Wayne D Luther
Wayne D Luther
Deed
related
—
Sep 9, 2020
—
Meredith Shamanski
—
Deed
related
$106,062 · First Merchants Bk
Feb 10, 2020
—
Cmgm LLC
Jeffrey Molino
Quitclaim Deed
related
$700,000 · Volkar Ents LLC
Aug 22, 2019
$120,000
1 West Jefferson LLC
Kmjb Ents
Warranty Deed
—
Dec 14, 2018
$96,000
Michelle Shapiro
Bohanon Hollice F
Grant Deed
—
Dec 14, 2017
—
Ellias,michael S Living Trust
Ellias,michael
Quitclaim Deed
—
Nov 8, 2017
$4,023
Trenton Old Town Props LLC
Treasurer City Of Trenton
Warranty Deed
—
Aug 29, 2017
$250,000
C M G M Limited Liability Company
Chelsea A Kohring
Warranty Deed
$200,000 · Old National Bank
Jan 20, 2017
—
Mccoig Group INC
Michigan Foundation Co INC
Quitclaim Deed
related
—
Dec 12, 2016
—
Ahmad M Shihadeh
Shihadeh,ahmad M
Quitclaim Deed
related
—
Jul 13, 2016
—
1 West Jefferson LLC
Michigan Foundation Co INC
Quitclaim Deed
related
—
May 24, 2016
$325,000
Trinity Realty Group LLC
Land Holding
Grant Deed
—
Nov 14, 2012
—
Jim Bellmore
Farbman Group INC
Quit Claim Deed
related
—
Nov 14, 2012
$175,000
Jim Bellmore
Farbman Group INC
Grant Deed
—
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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