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    OFF-MARKET
    Commercial real estate

    5923 Red Arrow Hwy, Stevensville, MI 49127

    0.32 ac lot
    Property ID
    US43-3168960
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Lot 0.32 ac (13,939 SF)
    APN 11-45-0028-0049-00-2
    UPID US43-3168960
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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