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3155 THOMPSON RD
FENTON, MI 48430
Asking Price
$850K
Asset Type
Commercial Land
Class
Class B
What's Special
Fenton, MI - 1 Acre Commercial/Industrial Parcel off US-23 <p><strong style="color: rgba(0, 0, 0, 1)">3155 W. Thompson Rd. offers a rare/once in a lifetime opportunity to purchase an approx. 1.0 parcel acre of land zoned lucrative C-3 Highway Service zoning. This will allow for a myriad of uses, including fast food/restaurant/takeout. Please check with Fenton Twp. for all C-3 allowed uses. Located only ¼ mile from the busy Thompson Rd. US-23 exit, this property offers a prime, high-visibility location that is second to none. Located near the expanded Mi
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965
