For Sale
$2,999,999

15 Acres Mixed Use Thompson & Torrey Rd Fenton Township, MI 48430

15 Acres, 133 Units, Retail Space

Overview

Added:
Dec 11, 2024
Days on market:
133
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.

Highlights

  • Mixed-use PUD zoning with Thompson Road Overlay.
  • Proposed 133-unit multifamily development with approximately 25,000 SF of retail space.
  • High-visibility corner lot with convenient US-23 freeway access.
  • New water and sewer infrastructure (2023).
  • Adjacent to Lake Fenton High School.

Property Details for 15 Acres Mixed Use Thompson & Torrey Rd

Property type
Retail properties, Land
Square Feet
25,000 SF
Lot Size (sq. ft)
653,400 SF
Units
133

Location Insight

City
Fenton Township
County
Genesee
State
Michigan
Latitude
42.8629425
Longitude
-83.7293139

FAQs

What type of property is this?
Retail property - 15 Acres, 133 Units, Retail Space
Where is the retail property located?
The property is located at 15 Acres Mixed Use Thompson & Torrey Rd Fenton Township, MI.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Mixed-use PUD zoning with Thompson Road Overlay.; Proposed 133-unit multifamily development with approximately 25,000 SF of retail space.; High-visibility corner lot with convenient US-23 freeway access.
How can I contact the broker?
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15 Acres Mixed Use Thompson & Torrey Rd
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