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    Property profile & analytics
    FOR SALE
    Commercial real estate

    3200 Eagle Park Dr NE, Grand Rapids, MI 49525

    29,334 SF 6.35 ac lot Built 1995
    Entity Owned 19-yr Hold ~ Est. High Equity
    Property ID
    US43-1135754
    Property summary
    AI-generated overview

    This exceptional single-story office building, located at 3200 Eagle Park Dr NE in Grand Rapids, Michigan, presents a compelling investment opportunity. Boasting 29,334 square feet, this Class B property is situated on a 6.05-acre lot within the desirable Eaglecrest Office Park, offering excellent visibility from East Beltline Avenue. Currently 80% occupied with a modified lease structure and multi-tenant design, this building provides immediate income potential for owner-users. Built in 1995, the property features a 9-foot ceiling height and ample parking with 157 spaces. The OR-PUD zoning allows for flexibility. The asking price is $3,666,750, translating to $125 per square foot. Benefit from the advantageous location in Grand Rapids Township, avoiding city taxes. The substantial lot size offers potential for future expansion or development. This property is ideal for both owner-occupants seeking a prominent location and investors looking for a strong multi-tenant income stream. The APN is 41-14-14-301-033. This is a for sale by owner listing.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1995
    Total area 29,334 SF
    Lot 6.35 ac (276,650 SF)
    Zoning code OR-PUD
    APN 41-14-14-301-033
    UPID US43-1135754
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Aetna Insurance Agency
    • Dr. Mary S. Richardson, MD Physician
    • Internal Medicine of West Michigan, PLLC Medical Clinic
    • Dr. David A. Listello, MD Physician
    • Dr. Phillip Roslaniec Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.99M
    Blend (final) Blend
    $2.99M
    Owner & transaction history
    Eagle A & F LLC · 19 yrs held
    Eagle A & F LLC
    since 2007
    3 recorded transactions
    2019
    2019
    2007
    Zoning & alternative use
    OR-PUD · Grand Rapids, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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