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    5923 Red Arrow Hwy Stevensville, MI 49127

    Sponsored
    For Sale
    $125,000

    High-visibility lot, ideal commercial/residential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 0.32-acre lot, located at 5923 Red Arrow Hwy in Stevensville, Michigan (zip code 49127, APN 11-45-0028-0049-00-2), presents a unique investment opportunity. Currently zoned for both commercial and residential use, this property offers flexibility for a variety of development options. Its prime location near the I-94/John Beers Road interchange ensures high visibility and accessibility, making it an attractive site for businesses seeking a prominent presence. The lot benefits from its strategic position between two commercially zoned parcels, one of which houses an established dental practice, suggesting a strong commercial presence in the immediate vicinity. This high-traffic area provides excellent exposure for any commercial venture. While currently zoned for residential use, the possibility exists to apply for a zoning change to fully commercial use, further enhancing its potential. This versatile property is ready for your vision. Serious inquiries only.

    Property Features for 5923 Red Arrow Hwy

    General Information

    Property type
    Land
    Lot Size
    13,939 SF

    HighLights

    • High‑traffic location with excellent visibility.
    • Prime retail space in a densely populated area.
    • Strong tenant mix with established businesses.
    • High foot traffic and vehicular traffic counts.
    • Excellent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stevensville
    County
    Berrien
    State
    Michigan
    Longitude
    -86.528976
    Latitude
    42.010262

    Nearby Comparable

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      High-Traffic Land Near I-94

      9+ acres of commercial land with high visibility.
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      Walgreens Investment Opportunity

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      Walgreens Investment Property, MI

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      Commercial Land on Red Arrow Highway

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      Stevensville Commercial Land - I-94

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      House of David Greenhouses

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    Nearby Similar for Sale

    • $219,000
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    • $247,500

      Stevensville Lakeshore Retreat Co-op Unit

      Two-bedroom chalet-style unit with shared Lake Michigan frontage and amenities.
      5340 Notre Dame Ave, Stevensville, MI 49127
      View Details
    • $800,000
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      Stevensville Industrial Property - High Traffic Area

      Former McDonald's, Drive-Thru, 1.55 Acres
      4661 Red Arrow Hwy, Stevensville, MI 49127
      View Details
    • $4,319,527
      14,820 SF

      Walgreens Investment Property, MI

      Stevensville Walgreens: NNN Lease, High Traffic
      1710 West John Beers Road |, Stevensville, MI 49127
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    • $4,319,527
      14,820 SF

      Walgreens Investment Opportunity

      Stevensville, MI: NNN Lease, Strong Tenant
      1710 West John Beers Road, Stevensville, MI 49127
      View Details

    FAQs

    What type of property is this?
    Land - High-visibility lot, ideal commercial/residential.
    Where is this land located?
    The property is located at 5923 Red Arrow Hwy Stevensville, MI.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility.; Prime retail space in a densely populated area.; Strong tenant mix with established businesses.
    Request Owner's contact information
    5923 Red Arrow Hwy Stevensville, MI 49127
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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
    5923 Red Arrow Hwy Stevensville, MI 49127
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