Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3404 Busch SW Dr Grandville, MI 49418-1000
    Back to Search
    Property profile & analytics

    3404 Busch SW Dr, Grandville, MI 49418-1000

    View on Map
    • Industrial properties
    • 7,600 SF
    • 0.56 lot acres
    Off-Market
    Last Sale Jan 26, 2021
    Property ID
    US43-1702183
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 3404 Busch SW Dr

    Year built
    2003
    Lot size
    0.56 lot acres
    Zone code
    I-2
    Property type
    Industrial properties
    Property subtype
    Loft space
    APN
    41-17-08-429-015
    APU
    411708429015

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 26, 2025 — J & L Investments LLC — Deed · related $12.5M · Macatawa Bank
    Apr 28, 2025 — Jomealty LLC — Deed · related $1.4M · Frankenmuth Cu
    Jan 26, 2021 — J & L Investments LLC 2615 LLC Warranty Deed —
    Apr 22, 2019 — John R Vanocker — Deed · related $460k · Praise Sign Co LLC
    Sep 22, 2017 — Jomealty LLC — Deed · related $265k · Trustme Leasingllc
    Sep 19, 2016 — Jomealty LLC — Deed · related $275k · Tylex Grandville LLC
    — — Resource Property LLC — Deed Of Trust · related $625k · Bank Of Holland

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Grandville
    County
    Kent
    State
    Michigan
    Longitude
    -85.7481
    Latitude
    42.9196
    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
    $16,784
    $0.00
    $0.00
    $347,700
    -
    $0.00
    $0.00
    $695,400

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      2891 Sanford SW Ave

      INDUSTRIAL LOFT BUILDING
      2891 Sanford SW Ave, Grandville, MI 49418-1342
      View Details
    • Value Estimation by Request
      4,998 SF

      3400 Busch SW Dr

      INDUSTRIAL LOFT BUILDING
      3400 Busch SW Dr, Grandville, MI 49418-1098
      View Details
    • Value Estimation by Request
      4,000 SF

      3368 Busch SW Dr

      INDUSTRIAL LOFT BUILDING
      3368 Busch SW Dr, Grandville, MI 49418-1095
      View Details
    • Value Estimation by Request
      4,000 SF

      3364 Busch SW Dr

      INDUSTRIAL LOFT BUILDING
      3364 Busch SW Dr, Grandville, MI 49418-1095
      View Details
    • Value Estimation by Request
      2,397 SF

      3398 Busch SW Dr

      INDUSTRIAL LOFT BUILDING
      3398 Busch SW Dr, Grandville, MI 49418-1095
      View Details
    • Value Estimation by Request
      4,000 SF

      3362 Busch SW Dr

      INDUSTRIAL LOFT BUILDING
      3362 Busch SW Dr, Grandville, MI 49418-1095
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,347 SF

      Mixed-Use Building in Grandville

      Versatile mixed-use building with high visibility and flexible layout.
      3981 White St SW, Grandville, MI 49418
      View Details
    • $279,900
      Pending

      Grandville Mixed-Use Commercial Building

      Versatile mixed-use building in Grandville with high visibility and accessibility.
      3981 White St SW, Grandville, MI 49418
      View Details
    • $475,000
      Pending

      Grandville Duplex with Updated Interiors

      Well-maintained duplex in Grandville School District with strong rental history.
      4180 Ivanrest Ave SW, Grandville, MI 49418
      View Details
    • $1,500,000
      2.82 Acres

      Wyoming Commercial Land - $1.5M

      2.82 Acres, Prime Commercial Location
      5640 Wilson Ave, Wyoming, MI 49418
      View Details
    • Contact for pricing

      New Construction Townhome Condo

      Spacious 3-bedroom condo with modern features, ready for move-in.
      3351 Kings River St, Wyoming, MI 49418
      View Details
    • $2,950,000

      High Visibility Office Building

      Fully leased office building with high visibility and ample parking.
      4301 Canal Ave SW, Grandville, MI 49418
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Functional Flex Space with Office

      3,600 SF unit with office and warehouse space for rent.
      3015 Sangra Ave SW, Grandville, MI 49418
      View Details
    • $13 SF/Yr

      Suburban Office Space in Grandville

      10,451 SF office space with private entrances and ample parking.
      3145 Prairie St SW, Grandville, MI 49418
      View Details
    • Contact for pricing

      Grandville Retail Pad Site Opportunity

      Prime 0.52-acre site for build-to-suit or ground lease.
      44th SW & Spartan Industrial Dr SW, Grandville, MI 49418
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for rent at 4700 Wilson Ave SW.
      4700 Wilson Ave SW, Grandville, MI 49418
      View Details
    • Contact for pricing
      12,000 SF

      Grandville Marketplace Retail Space

      Retail space in well-located Grandville power center.
      4485 Canal Ave SW, Grandville, MI 49418
      View Details
    • New
      Contact for pricing

      Office Suite with Private Entrance

      Rear office suite with private entrance, reception area, and a private office for client-focused professional uses.
      2845 Wilson Ave Southwest, Grandville, MI 49418
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3404 Busch SW Dr
    Grandville, MI 49418-1000
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3404 Busch SW Dr, Grandville, MI, 49418
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!