Office Condo with
4330 44th St SW, Grandville, MI 49418
For Sale
$450,000
Corner-positioned office unit with monument and building signage, on-site parking, and access to I-96.
Property Size2,204 SF
Price / SF$204.17
Days on Market102
Property Features for 4330 44th St SW
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Additional Details
Highway Access
Amenities
monument and building signage
Building Details
Year Built
Tenancy
Owner Occupied
Listing Agency:
NAI Wisinski of West Michigan
Listed By:
Jason Makowski
(616) 262-8532
Source:
Carwm.resimplifi
Added: Aug 3
Changed: Oct 26
Last Checked: Nov 10 at 5:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Wisinski of West Michigan
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,204-square-foot office condo was constructed in 1987 and is designated Office And Service. The unit is currently occupied by Sylvan Learning Center, which is willing to vacate for an owner-occupant. Monument and building signage are already in place, supporting identification from the property and roadway.
The condo sits at the corner of 44th St and Canal in Grandville, at 4330 44th St SW. On-site parking is available, and the property offers access to and from I-96. The existing configuration provides an option for continued occupancy or future owner use, subject to the stated tenant arrangement.
The condo sits at the corner of 44th St and Canal in Grandville, at 4330 44th St SW. On-site parking is available, and the property offers access to and from I-96. The existing configuration provides an option for continued occupancy or future owner use, subject to the stated tenant arrangement.
Key Highlights
- 2,204‑square‑foot office condo
- Office And Service zoning
- Currently leased to Sylvan Learning Center, with willingness to vacate for an owner‑occupant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,022
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,440
$440.4K
Cap Rate 7%
$314,600
$314.6K
Cap Rate 9%
$244,689
$244.7K
Market Conditions
NOI Build-Up for 2,204 SF
Gross rent
$32.3K $14.64/SF
− Vacancy
−$2.9K −$1.32/SF
EGI
$29.4K $13.32/SF
− OpEx
−$7.3K −$3.33/SF
NOI
$22.0K $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%
$440,440
Cap Rate 7%
$314,600
Cap Rate 9%
$244,689
Alternative Uses
Best Use
Office B
$314.6K
$275.3K – $367.0K
NOI $22,022 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$394.2K
$344.9K – $459.9K
NOI $27,594 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Explore this area
Business Placement
Demographics for 49418, MI
30,520
Population
12,801
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
1,606
Density / Sq Mi
$83,485
Median Household Income
$48,260
Median Earnings
$1,218
Median Rent
$296,300
Median Home Value
Market
Average Price Trend$/SF for Office Units in Kent County, MI
Properties on Market for Office Units in Kent County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Corner-positioned office unit with monument and building signage, on-site parking, and access to I-96.
Where is this office unit located?
The property is located at 4330 44th St SW Grandville, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,204‑square‑foot office condo; Office And Service zoning; Currently leased to Sylvan Learning Center, with willingness to vacate for an owner‑occupant
