0 Thompson Rd Fenton Township, MI 48430
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.