Thomson Development Site

Investment Overview

Price Reduced: Now Only $21,000 Per Acre This ±18.27-acre development site is now offered at a significantly reduced price, presenting a compelling opportunity for residential developers. At just $21,000 per acre, this property is priced well below the $33,000 per acre paid for the adjacent apartment complex. The site offers potential for single-family or multi-family development and includes sewer access, with three manholes located along the western boundary. Hinton Drive dead-ends into the property, providing dual access from both Harrison Road and Hinton Drive. Topography slopes gently from east to west and south to north, and while the site can likely be balanced for development, further engineering would be required to determine the feasibility of a lift station and the final lot yield. According to FEMA flood maps, the site has no flood zone impact. However, the National Wetlands Inventory indicates the presence of two creeks and a small pond, which, as of January 2025, appears to be dried up. A formal wetlands delineation has not been completed.