This exceptional 6.46-acre property in Trenton, Michigan, presents a unique redevelopment opportunity. The site encompasses a 42,400-square-foot, single-story former elementary school building constructed in 1960 with additions in 1962 and 1966. The property boasts three structures, offering ample space for various uses. The existing building features 24 classrooms, each with ensuite restrooms and sinks, multiple meeting rooms, a full commercial kitchen, a lunchroom, 17 restrooms/showers/locker rooms, a gymnasium, an enclosed courtyard, and a large play yard. The property also includes 100 surface parking spaces and a storage shed. Mechanical systems are well-maintained, and original blueprints are available. Located on Longmeadow Drive, between Steiner Street and Tanglewood Street, this property enjoys a quiet residential setting while being conveniently situated minutes from the I-75 exit and near the heavily trafficked retail corridors of West Road/Allen Road and Van Horn Road. Its prime location borders Woodhaven, Riverview, and Brownstown Charter Township, with proximity to Grosse Ile and Canada. The R-2 zoning permits a variety of uses, including family daycare, group homes, recreational facilities, schools, libraries, and churches (excluding Traumatic Brain Injury facilities). Potential exists for rezoning to accommodate elderly living or cluster housing. The asking price is $950,000. The property's APN is 54-018-99-0001-701. City water and sewer are available. The Trenton Public Schools district serves the area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$57,944,412
Hospitality
$53,076,768
Educational
$44,159,248
Medical
$45,677,952
Retail
$68,692,168
Location Insight
City
Trenton
County
Wayne
State
Michigan
Latitude
42.1313
Longitude
-83.2144
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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