5075 Cascade RdGrand Rapids, MI 49546

  • Other commercial real estate
  • 18,774 SF
For Lease
$73,749.96/SF/YR View listing

Property Details for 5075 Cascade Rd

Lot size
2.49 AC
Property size (Sq ft)
18,774 SF
Zone code
PO
Property type
Other commercial real estate
APN
41-15-31-326-021
APU
411531326021

Description

This exceptional Class A office space, located in Grand Rapids, Michigan's desirable Cascade & Spaulding area of Forest Hills, offers a unique opportunity for businesses seeking a prestigious and functional workspace. The property, situated at 5075 Cascade Rd SE, 49546, comprises a single, two-story building totaling 35,000 square feet, built in 1985 and extensively renovated in 2023. Currently, 5,000 square feet of space is immediately available, divisible down to 2,500 square feet, with a maximum contiguous space of 5,000 square feet. The building features ten suites in total, offering flexibility for various business needs. Tenants will enjoy a 10-foot ceiling height, ample natural light, and a well-appointed layout including numerous windowed private offices, large conference rooms, open work areas, a sizable private kitchenette, and a dedicated storage room. Shared restrooms are conveniently located, and optional Cascade Road signage is available. The property sits on 2.5 acres of land and includes 100 parking spaces, ensuring convenient access for employees and clients. The building is equipped with elevators and boasts medium power capacity. Zoned for office use, this property offers a sophisticated and efficient environment. Possession is anticipated for Fall 2024.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,344,308
    Hospitality
    $1,231,379
    Educational
    $1,024,493
    Medical
    $1,059,727
    Retail
    $1,593,656
5075 Cascade Rd, Grand Rapids, Michigan
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Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9443
Longitude
-85.5428
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$43,879
-
-
$1,585,200
-
-
-
$3,170,400

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