1649 Jefferson AveTrenton, MI 48183

  • Industrial land
  • 16.75 AC
For Sale
$2,750,000 View listing

Property Details for 1649 Jefferson Ave

Year built
1956
Lot size
16.75 AC
Zone code
R2
Property type
Industrial land
APN
54 011 99 0003 004
APU
54011990003004

Description

This exceptional 19.23-acre commercial land parcel presents a remarkable investment opportunity in Trenton, Michigan. Located at 1649 W Jefferson Ave, this property boasts 541 feet of desirable waterfront access on the Trenton Channel, offering unparalleled potential for diverse development. Zoned W-R (Waterfront Revitalization) by the City of Trenton, permitted uses include a wide range of commercial ventures such as dining, retail, and office spaces, with the possibility of multi-family development. Limited industrial uses are also permitted, aligning with the I-1 district guidelines. The property features 952 feet of road frontage on W Jefferson Avenue, a depth of 1525 feet, and is situated on the corner of W Jefferson and Helen Avenues. A survey is available upon request. The property includes Tax ID #54011990004701 and is conveniently adjacent to Meyer Ellias Park. Public sewer and water are available at the street. The asking price is $2,750,000, translating to $143,006 per acre. This unique property offers an open canvas for creative development in a thriving community, just a short distance from Downtown Trenton. Detailed zoning information should be verified with the City of Trenton. The property is privately owned.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $150,242,656
    Hospitality
    $137,621,456
    Educational
    $114,499,440
    Medical
    $118,437,248
    Retail
    $178,110,240

Location Insight

City
Trenton
County
Wayne
State
Michigan
Latitude
42.1531
Longitude
-83.1727
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
$11,694
-
-
$202,800
-
-
-
$405,600

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