Thompson & Torrey Roads $1,950,000

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    Thompson & Torrey Roads Fenton, MI 48430

    • 31.35 Acres
    • Land
    MLS# 21533611 | Active

    $1,950,000

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    Days On Market: 116 0 Views
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    Property Details

    DRASTIC PRICE REDUCTION - SELLER IS MOTIVATED! Lake Fenton Town Park is the vision for this 31-acre site-plan approved Senior Citizen mixed use PUD. Plans call for an assisted living and dependent care facility, independent living townhomes, grocery store, medical offices, physical therapy, pharmacy, restaurants, post service, coffee shop, bakery, bookstore, etc., all in a park-like setting. In a nutshell, it will be a beautiful, convenient and fun place to live, where family and friends will enjoy coming to visit. You could purchase the entire project for $1,950,000, or a portion thereof ($70-90,000/acre), or we could do lease/BTS with individual projects. The site is located at the lighted NEC of Thompson & Torrey Rds. less than one mile east of US-23 in growing Fenton Twp. Thompson Rd. was recently widened in anticipation of growth in the area. Miller Industries/Performance Fabricating is the latest addition to the area, employing nearly 100 people.

    • General Features
      • Style Vacant Land
      • Zoning Mixed Use
      • Waterfront Y/N No
      • Acreage 31.35
      • Area Municipality Fenton Twp (25005)
      • Association Fee Y/N No
      • County Genesee
      • Ownership Private
      • Originating MLS East Central Association
    • Property Features
      • Lot Description Graded
      • Lot Size 900' X 1400'
      • Roads Paved Street
      • Sewer Septic Public At Street
      • Water Other-See Remarks
    • Schools
      • School District Lake Fenton Schools

    Contact

    William Burke

    Realtor

    RE/MAX Platinum

    Cell: 810-240-2716

    Neighborhood

    48430 (Fenton) Demographics

    42Median Age
    449Population Density (per sq. mile)
    45%College Educated
    $67,314 Estimated Median Income
    11,179Estimated Total Home Owners
    3,079Estimated Total Renters
    78% / 22%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    37,299Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $256,250 Median Sales Price
    12 Homes Sold
    80 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,950,000
        3/20/2019 12:34:12 PM Price Reduced Source New Value: $1,950,000 -29.09%
        2/28/2019 5:39:00 PM New in Database Source New Value: $2,750,000

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        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.