MLS # 20261051280 (Realcomp)

Exceptional development opportunity along Michigan's highly desirable US-23 corridor. Encompassing approximately 94 acres, this property offers outstanding visibility and accessibility with frontage on Old US-23, carrying approximately 8,600 vehicles per day, and additional exposure to more than 30,000 vehicles daily along US-23.The site's scale, frontage, and strategic location provide flexibility for a variety of commercial, mixed-use, residential, or planned development opportunities, subject to applicable approvals. Situated within a growing market supported by expanding residential communities and nearby major employers, the property is well positioned to capitalize on continued regional growth.Located just 5 miles from Fenton, 10 miles from Hartland, 15 miles from Brighton, 25 miles from Flint, and 40 miles from Detroit, the property also offers convenient access to I-96 and M-59, providing excellent regional connectivity for future development.Large, well-located development parcels with this level of highway exposure and market accessibility are increasingly limited, making this a compelling opportunity for developers, investors, and commercial users seeking a strategic position within one of Southeast Michigan's strongest growth corridors.
Source: SparkMLS
Listed at $5,400,000.
Estimated annual property tax: $78,402, or about $6,534 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
SEC 8 T3N R6E COM NE COR, TH N89*43'24" W 1304.37 FT ALG E-W 1/4 LN OF SAID SEC 8 & CL OF TOWNLEY RD; THE N02*08'03" E 1339.10 FT ALG W LN OF E 1/2 OF NE 1/4 OF SEC 8; TH N89*29'36" W 1302.55 FT ALG S LN OF S 1/2 OF NW 1/4 OF NE 1/4 OF SEC 8; TH N02*12'18" E 672.19 FT ALG THE N-S 1/4 LN OF SEC 8; TH S89*22'41" E 1301.65 FT ALG N LN OF S 1/2 OF NW 1/4 OF NE 1/4 OF SEC 8; TH N02*08'03" E 669.55 FT A
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Karen Nouhan
Wentworth Real Estate Group
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4975 Old Us 23, Fenton, MI 48430
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Municipality
Hartland Township
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County
Oakland County
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