5211 Cascade Road SE, Grand Rapids, MI 49546
COMMERCIAL - Grand Rapids, MI
- Added:
- Apr 27, 2026
- Days on Market:
- 46
- Last Refresh:
- Jun 11 at 7:06 pm
Property Features for 5211 Cascade Road SE
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 2, Bathroom 1
- Parking
- 107
- Interior features
- Broadband
- Standard status
- Active
- APN
- 41-15-31-451-016
- Size
- 45,814 SF
- Lot size
- 6.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PART OF SE 1/4 COM 978.85 FT W ALONG S SEC LINE FROM SE COR OF SW 1/4 SE 1/4 TH N 137.14 FT TH NELY 586.58 FT TO A PT ON
- Tax Annual Amount
- 85809
Utilities
- Heating system
- Heat Pump (Heating), Space Heater
- Cooling system
- Central Air
Building Details
- Year built
- 1997
- Floors in Building
- 2
- Number of units
- 5
- Building materials
- Brick, Stone
- Roof type
- Rubber
Listing agent Michael Nagelkirk License #6501194952 (616) 836-1122
Listing office Lakeshore Commercial Real Estate 44 E 8th Street # 510, Holland, MI (616) 394-4500
Listing date Apr 27, 2026
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.
HighLights
- Premier Class A multi‑tenant office building in West Michigan.
- Strategic location with exceptional visibility and immediate access to I‑96.
- Large 6.4‑acre parcel allows for future expansion or repositioning.
- Diversified income streams from multi‑tenant configuration.
- Located in a well‑established commercial corridor.
- Brick and Stone construction with rubber roof.
Overview
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 | $736.7k | $16.08 |
| − Vacancy | −$165.8k | −$3.62 |
| EGI | $570.9k | $12.46 |
| − OpEx | −$142.7k | −$3.12 |
| NOI | $428.2k | $9.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.539026
- Latitude
- 42.942565
