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    5363 Red Arrow Parcel A Hwy Stevensville, MI 49127

    For Sale
    $450,000

    Prime commercial land ideal for hospitality, retail, or franchises.

    Lot size:
    2.65 Acres

    Property Features for 5363 Red Arrow Parcel A Hwy

    General Information

    Lot size
    2.65 Acres

    Source: RE/MAX by the Lake Agent Dawn Tomlinson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Land Near I-94

    This property offers approximately 2.646 acres of high-traffic, high-visibility land situated between I-94 Exits 23 and 27. The commercial location is surrounded by hotels, Starbucks, restaurants, gas stations, and retail establishments. It is suitable for hospitality, mixed-use retail, or national franchises. The property is located minutes from multiple Lake Michigan public beaches and between the nuclear plants in Bridgman and Covert. It is a potential location for a rental complex for mid to long-term rental units, a boutique resort, an RV park, a beach gear rental hub, or a Lake-themed food hall. The property includes two ponds and an oversized 2-car garage. The ponds could enhance outdoor dining spaces, wellness centers, or event venues.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Stevensville
    County
    Berrien
    State
    Michigan
    Longitude
    -86.5132
    Latitude
    42.0039

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land ideal for hospitality, retail, or franchises.
    Where is this commercial land located?
    The property is located at 5363 Red Arrow Parcel A Hwy Stevensville, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime commercial location with high traffic and visibility between I-94 Exits 23 & 27.; - Surrounded by hotels, Starbucks, restaurants, gas stations, and retail.; - Ideal for hospitality, mixed-use retail, or national franchises.
    (269) 470-6962
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5363 Red Arrow Parcel A Hwy Stevensville, MI 49127
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