15 Acres Mixed Use Thompson & Torrey Rd Fenton Township, MI 48430
- Retail properties
- 25,000 SF
- 15.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 15 Acres Mixed Use Thompson & Torrey Rd
- Lot size
- 15.00 lot acres
- Property size
- 25,000 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 15-acre mixed-use development opportunity in Fenton Township, Michigan, presents a unique investment prospect. The property, located at the hard corner of Thompson & Torrey Roads, boasts a preliminary layout encompassing a 133-unit multifamily complex and approximately 25,000 square feet of retail space. Zoned PUD/Mixed-Use with a Thompson Road Overlay, this site offers significant flexibility for development. The asking price is $2,999,999, translating to $120 per square foot. Convenient freeway access via US-23 enhances its appeal. Infrastructure is in place, with newly installed (2023) water and sewer lines. The property's advantageous location next to Lake Fenton High School provides a strong demographic draw. The parcel number is 06-02-100-001, and the property is situated in Genesee County, Michigan, with a zip code of 48430. This prime location, combined with its substantial size and versatile zoning, makes this a compelling opportunity for developers seeking a high-impact project in a thriving community. The existing preliminary plans provide a solid foundation for immediate development, minimizing upfront planning costs. This is a rare chance to acquire a large, well-situated parcel ready for immediate development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fenton Township
- County
- Genesee
- State
- Michigan
- Longitude
- -83.7293
- Latitude
- 42.8629
