This property is a free-standing retail building configured for a drive-thru quick-service operation. It is described as a Walgreens corporate-backed, purpose-built drive-thru retail facility, featuring a drive-thru to support customer vehicle flow. The building is located at 4157 Red Arrow Hwy in Stevensville, Michigan, and is described as a relocation within the same direct trade area as a previous Walgreens.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$13k

Tax billed · 2023

Assessed value · 2024$296k

Effective rate4.46%

Value estimate

· Nov 2026

$90k

$81k – $99k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?

$72/SF

County average, outlier-cleaned · 97 recorded sales of this use type

Observed band · Q1–Q3$34 – $112

Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

CMU

JurisdictionBERRIEN

Location intelligence

Which uses thrive at this corner?

Best fit: Hair Salon

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Hair Salon13.9

Dental Office13.3

Spa & Massage13.1

4157 Red Arrow Hwy Stevensville, MI 49127-9392

County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby

Address Sale price Sold Size

6460 Red Arrow, Stevensville, MI 49127-8743 $16,500 Mar 2025 3,530 SF

5684 Saint Joseph, Stevensville, MI 49127-1075 $35,000 Aug 2023 1,549 SF

2797 Kimmel, Stevensville, MI 49127-1220 $220,000 Mar 2023 2,844 SF

4609 Red Arrow, Stevensville, MI 49127-9301 $510,000 Jul 2022 3,160 SF

5822 Cleveland, Stevensville, MI 49127-9414 $140,000 Feb 2020 2,640 SF

5782 James, Stevensville, MI 49127-9404 $79,500 Mar 2019 1,536 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation by Request
2,560 SF

5681 Cleveland Ave

CONVENIENCE STORE

5681 Cleveland Ave, Stevensville, MI 49127-9685

View Details
Value Estimation
$215,000

2,772 SF

5721 Saint Joseph Ave

RETAIL STORES (PERSONAL SERVICES)

5721 Saint Joseph Ave, Stevensville, MI 49127-1239

View Details
Value Estimation
$265,000

2,844 SF

2797 Kimmel St

RETAIL STORES (PERSONAL SERVICES)

2797 Kimmel St, Stevensville, MI 49127-1220

View Details
Value Estimation by Request
2,269 SF

1788 John Beers Rd

FINANCIAL BUILDING

1788 John Beers Rd, Stevensville, MI 49127-9434

View Details
Value Estimation by Request
3,028 SF

5611 Cleveland Ave

FINANCIAL BUILDING

5611 Cleveland Ave, Stevensville, MI 49127-8612

View Details
Value Estimation
$320,000

3,072 SF

Hollywood Rd

RETAIL STORES (PERSONAL SERVICES)

Hollywood Rd, Stevensville, MI 49127

View Details

Similar Nearby for Lease

New

$15 SF/Yr

Brick Storefront with Unfinished Basement

Storefront retail space with high highway exposure and an unfinished basement, available July 15, 2026.

3-3065 W John Beers Road, Stevensville, MI 49127

View Details
New

$15 SF/Yr

Retail Space Near I-94 Access

The available unit is offered under a modified gross lease, with tenant-funded leasehold improvements.

3065 W John Beers, Stevensville, MI 49127

View Details

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4157 Red Arrow Hwy Stevensville, MI 49127

Property summary