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Investment Highlights

  • 38000 traffic count per day
  • Site offers potential for a variety of future development concepts.
  • Visibility and access characteristics enhance site functionality.
  • Accessible location with convenient regional connectivity.
  • Surrounding uses support long-term investment consideration.

Executive Summary

Exceptional development opportunity along Michigan's highly desirable US-23 corridor. Encompassing approximately 90 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.

Property Facts

Price $5,400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
Total Lot Size 94.50 AC
No. Stories 1
Zoning LI - Commercial Zoned District

1 Lot Available

Lot

Price $5,400,000
Price Per AC $57,142.86
Lot Size 94.50 AC

94.50 AC site with visibility, access, and development potential. Suitable for a variety of permitted uses subject to zoning. Conveniently positioned within an established market area with access to surrounding road networks and area amenities

Description

This land offering presents an opportunity for investors, developers, and owner-users seeking a well-positioned site with potential for a variety of commercial, residential, industrial, or mixed-use applications, subject to zoning and municipal approvals. The property benefits from accessibility, visibility, and proximity to established area amenities, providing a foundation for future development or long-term land banking strategies. Surrounding development patterns, transportation connectivity, and access to local services support a range of potential uses while contributing to the property's overall utility and market appeal. The site's configuration and location characteristics may accommodate future improvements designed to serve evolving market demand. Whether pursued as a development opportunity, expansion site, or strategic investment, the property offers a chance to secure land in a location positioned for future growth and utilization. Investors can evaluate the asset's potential within the context of regional economic activity, infrastructure access, and surrounding land uses. Owner-users may benefit from the opportunity to develop a facility tailored to operational requirements, while developers can explore opportunities to create projects that align with local market needs and planning objectives. This offering combines the flexibility inherent in vacant land with the potential to capitalize on future development opportunities in a competitive market environment.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
08-08-200-027
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,674,600
  • Listing ID: 41238040

  • Date on Market: 7/10/2026

  • Last Updated:

  • Address: 4975 Old Us 23, Fenton, MI 48430

Contact the Sale Advisor

4975 Old Us 23

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