5923 Red Arrow Hwy, Stevensville, MI 49127
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.