Property profile

5019 Red Arrow Hwy Stevensville, MI 49127

OFF-MARKET
Grocery and convenience stores
Property ID
US43-3142813
195,253 SF 25.72 ac lot Built 2010
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 771-square-foot retail space offers a prime, high-traffic location within a busy Meijer store in Berrien County. Benefit from unparalleled visibility and access to thousands of weekly customers. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities, simplifying your operational costs. Strategically positioned for maximum customer interaction, this "store-within-a-store" concept provides excellent branding opportunities with both interior and exterior signage. Located in a thriving trade area with a desirable customer base, this space is ideal for a variety of businesses, including financial institutions, food and beverage establishments, service businesses, and health and wellness providers. The property is part of a larger network of similar spaces available in multiple Meijer locations across the Midwest. This turnkey solution offers significant advantages for businesses seeking high foot traffic and immediate exposure in a well-established retail environment. The space is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2010
Total area 195,253 SF
Lot 25.72 ac (1,120,363 SF)
Zoning code HC
APN 12-0021-0001-10-0
UPID US43-3142813

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hair Salon
  • Pharmacy
  • Big Box & Wholesale Store
  • Specialty Food Shop Supermarket
  • Bank Credit Union

Location

5019 Red Arrow Hwy Stevensville, MI 49127-1013
Stevensville metro Census 1400 NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.08M
Blend (final) Blend
$11.08M

Owner & transaction history

Zoning & alternative use

HC · Stevensville, MI

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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