42263 Cherry HlCanton, MI 48188

  • Medical offices
  • 8,432 SF
Off market
$17,733,230 Estimated
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Property Details for 42263 Cherry Hl

Year built
1998
Lot size
1.77 AC
Property size (Sq ft)
8,432 SF
Zone code
O-1
Property type
Medical offices
Property subtype
Medical centers
APN
71 089 99 0010 003
APU
71089990010003

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,443,457
    6.5%
    $1,332,422
    7%
    $1,237,249
  • Comparable approach

    Method
    Valuation
    Relative Method
    $788,729
    Geo Method
    $788,729
  • Alternative Use

    Use
    Valuation
    Residential
    $1,652,203
    Hospitality
    $1,513,409
    Educational
    $1,259,138
    Medical
    $1,302,442
    Retail
    $1,958,660

Location Insight

City
Canton
County
Wayne
State
Michigan
Latitude
42.3075
Longitude
-83.4565
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, 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
2023
$32,957
-
-
$911,500
-
-
-
$1,823,000

FAQs

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Please email our support team at support@paperhouses.co and they will add the team member.
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