12-Suite Professional Office
1850 44th Street SW, Wyoming, MI 49519
For Sale
New
$2,495,000
Commercial Sale, Wyoming, MI
Property Size17,460 SF
Lot Size1.91 Acres
Price / SF$142.90
Days on Market3
Property Features for 1850 44th Street SW
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking
Interior features
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Amenities
professional lobby and waiting area
monument signage opportunities
high-end Vietnamese coffee shop
break room
two full sets of restrooms
on-site management
building network infrastructure
security cameras
access control
Building Details
Year built
Number of units
Building materials
Roof type
Buildings
Listing Agency:
Glover Agency
(248) 996-1100
Listed By:
Ryan M Prichard · License #6506048360
(616) 295-3632
Added: Nov 4
Last Checked: Nov 6 at 10:06PM
MLS# 26058547
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 12-suite office property contains approximately 17,460 square feet on 1.91 acres. A professional lobby and waiting area, elevator, shared break room, and two sets of restrooms serve the building. Recent improvements include a 7.5-ton rooftop HVAC replacement, new entry doors, access control, security cameras, fire-suppression upgrades, and building network infrastructure. The suites are occupied by businesses in financial, legal, real estate, and wellness fields, and on-site management is in place.
The property is minutes from US-131 and M-6. Monument sign opportunities are available along 44th Street SW, and the site includes free parking. A lobby coffee shop is also part of the building. Existing gross leases may remain in place or be restructured as they renew.
The property is minutes from US-131 and M-6. Monument sign opportunities are available along 44th Street SW, and the site includes free parking. A lobby coffee shop is also part of the building. Existing gross leases may remain in place or be restructured as they renew.
Key Highlights
- 12 office suites totaling approximately 17,460 square feet
- Situated on 1.91 acres
- Minutes from US‑131 and M‑6
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$174,457
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,489,140
$3.5M
Cap Rate 7%
$2,492,243
$2.5M
Cap Rate 9%
$1,938,411
$1.9M
Market Conditions
NOI Build-Up for 17,460 SF
Gross rent
$255.6K $14.64/SF
− Vacancy
−$23.0K −$1.32/SF
EGI
$232.6K $13.32/SF
− OpEx
−$58.2K −$3.33/SF
NOI
$174.5K $9.99/SF
Area
Kent County, MI
Vacancy
9.00%
Lease Rate
$14.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,489,140
Cap Rate 7%
$2,492,243
Cap Rate 9%
$1,938,411
Alternative Uses
Best Use
Office B
$2.49M
$2.18M – $2.91M
NOI $174,457 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.12M
$2.73M – $3.64M
NOI $218,598 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
12
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Explore this area
Business Placement
Demographics for 49519, MI
28,025
Population
11,693
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
90%
High-School Grad
8.0 sq mi
ZIP Area
3,503
Density / Sq Mi
$75,373
Median Household Income
$39,240
Median Earnings
$1,176
Median Rent
$220,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Kent County, MI
Properties on Market for Office buildings in Kent County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - The substantially occupied property supports continued office leasing or occupancy by an owner-user.
Where is this office building located?
The property is located at 1850 44th Street SW Wyoming, MI.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 12 office suites totaling approximately 17,460 square feet; Situated on 1.91 acres; Minutes from US‑131 and M‑6
