Thompson Rd Fenton Township, MI 48430
- Retail properties
- 185.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Thompson Rd
- Lot size
- 185.00 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
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
- -83.7423
- Latitude
- 42.8631