2930 & 2750 Lucerne Dr SE Grand Rapids, MI 49546
Small office building on 3.38 acres in Cascade Township.
Property Features for 2930 & 2750 Lucerne Dr SE
General Information
- Standard status
- Active
- Size
- 4,583 SF
- Lot size
- 3.38 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1997
Listing office NAI Wisinski of West Michigan
Listing date May 12, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of NAI Wisinski of West Michigan
Investment Insights
Based on property information with market context.
Key Highlights
- Recently remodeled interior (2021/2022) with new roof, HVAC units, and tankless water heater.
- Situated on a 3.38‑acre property in Cascade Township with a beautiful wooded setting.
- Features 14 private offices with windows, a conference room, kitchenette, reception area, and two bullpen areas.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.7k | $16.08 |
| − Vacancy | −$16.6k | −$3.62 |
| EGI | $57.1k | $12.46 |
| − OpEx | −$14.3k | −$3.12 |
| NOI | $42.8k | $9.35 |
