Property profile

0 Red Arrow Hwy Bridgman, MI 49106

OFF-MARKET
Land
2.09 ac lot
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Property summary

AI-generated overview

This exceptional 2.09-acre commercial land parcel, located at 0 Red Arrow Highway in Bridgman, Michigan (APN: 11-56-0019-0107-04-4), presents a compelling investment opportunity. Priced at $225,000 ($119,569.38/acre), this property boasts a highly desirable location just off Exit 16, offering excellent visibility and accessibility. The land is partially cleared and situated within the Interstate Gateway Zoning District, allowing for a wide range of development possibilities. Its strategic placement amongst several established franchise businesses enhances its potential for significant return. The property's proximity to Route 94 ensures high traffic visibility, while its location near Lake Michigan access at Weko Dunes to the north and Warren Dunes State Park to the south provides added appeal. Permitted uses include, but are not limited to, plaza development, restaurants, hotels, breweries/distilleries, and gas stations. This is a rare chance to capitalize on a prime development opportunity in a thriving area. Don't miss this chance to secure this exceptional commercial land parcel in Bridgman, Michigan, zip code 49106. The property is located in Berrien County.

Property profile

Verified
Property type Land
Lot 2.09 ac (91,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Red Arrow Hwy Bridgman, MI 49106
Bridgman metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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