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    Thompson Rd Fenton Township, MI 48430

    For Sale
    Contact for pricing

    185 Acres Mixed-Use Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 185-acre property in Fenton Township, Michigan, presents a unique mixed-use development opportunity. Strategically located along US-23, south of Thompson Road, the site boasts over 3,000 feet of frontage on a major thoroughfare. The land is zoned commercial and features an existing Planned Unit Development (PUD), with Fenton Township receptive to amendments for new proposals. All utilities are projected to be available by 2024 (water is currently available, sewer anticipated early 2024). The diverse potential uses include retail, medical facilities, multi-family and single-family residential, and senior living options. A detailed use location map is available. The property's prime location is complemented by nearby established businesses such as McDonald's, a BP gas station, and self-storage facilities. The land is subdivided into parcels for various uses: approximately 41 acres for commercial development, approximately 10 acres designated for senior living (priced at $100,000 per acre), and approximately 134 acres for single or multi-family residential development (priced at $52,500 per acre). This presents a compelling investment opportunity with significant upside potential. The property is situated at W Thompson Rd, Fenton, MI 48430, in Genesee County.

    Property Features for 0 Thompson Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    8,058,600 SF

    HighLights

    • 185‑acre mixed‑use development opportunity in Fenton Township, MI, with over 3,000 feet of US‑23 frontage.
    • Commercially zoned with an existing PUD, utilities projected available by 2024 (water currently available).
    • Parcel breakdown: ~41 acres commercial, ~10 acres senior living ($100,000/acre), ~134 acres residential ($52,500/acre).
    • Prime location near established businesses, Fenton Township receptive to PUD amendments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Fenton Township
    County
    Genesee
    State
    Michigan
    Longitude
    -83.742276699068
    Latitude
    42.863057565561

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    FAQs

    What type of property is this?
    Individual retail property - 185 Acres Mixed-Use Development Potential
    Where is this individual retail property located?
    The property is located at Thompson Rd Fenton Township, MI.
    What are key features of this property?
    This property features: 185-acre mixed-use development opportunity in Fenton Township, MI, with over 3,000 feet of US-23 frontage.; Commercially zoned with an existing PUD, utilities projected available by 2024 (water currently available).; Parcel breakdown: ~41 acres commercial, ~10 acres senior living ($100,000/acre), ~134 acres residential ($52,500/acre).
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    Fenton Township, MI 48430
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thompson Rd Fenton Township, MI 48430
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