13155 Trenton RdSouthgate, MI 48195

Property Details for 13155 Trenton Rd

Year built

1955

Lot size

0.23 AC

Property size (Sq ft)

1,473 SF

Zone code

C-1 COMM BUS

Property type

Retail space

APN

53 009 02 0305 000

APU

53009020305000

Description

This exceptional 1,473 square foot industrial building presents a remarkable opportunity for retail businesses seeking high visibility and accessibility. Situated on a 0.23-acre lot at 13155 Trenton Rd in Southgate, Michigan, this property benefits from its prime location along heavily traveled Trenton/Dix roads, ensuring significant daily traffic exposure. The building's versatile design makes it suitable for a wide range of retail applications, offering ample space for inventory, display, and customer interaction. The asking price of $200,000 represents a compelling investment in a thriving commercial area. The property's strategic location promises strong foot traffic and easy access for customers and deliveries. This is an excellent chance to establish or expand a retail presence in a high-demand location. Serious inquiries are encouraged to explore the potential of this well-positioned Southgate commercial property. The building's size and location make it an attractive option for businesses seeking a prominent presence in a busy commercial corridor. Don't miss this chance to secure a valuable asset in a high-growth area. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $419,465

  6.5%

  $387,199

  7%

  $359,542

• Comparable approach

  Method

  Valuation

  Relative Method

  $347,217

  Geo Method

  $347,217

• Alternative Use

  Use

  Valuation

  Residential

  $326,617

  Hospitality

  $299,179

  Educational

  $248,913

  Medical

  $257,474

  Retail

  $387,199

Location Insight

City

Southgate

County

Wayne

State

Michigan

Latitude

42.2123

Longitude

-83.1933

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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