49650 Cherry HlCanton, MI 48187

  • Medical offices
  • 37,448 SF
Off market
$2,713,200 Estimated

Property Details for 49650 Cherry Hl

Year built
2003
Lot size
2.12 AC
Property size (Sq ft)
37,448 SF
Zone code
R-2
Property type
Medical offices
Property subtype
Medical centers
APN
71 072 99 0003 708
APU
71072990003708

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,410,646
    6.5%
    $5,917,520
    7%
    $5,494,840
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,502,886
    Geo Method
    $3,502,886
  • Alternative Use

    Use
    Valuation
    Residential
    $7,337,724
    Hospitality
    $6,721,316
    Educational
    $5,592,056
    Medical
    $5,784,375
    Retail
    $8,698,753
49650 Cherry Hl, Canton, Michigan

Location Insight

City
Canton
County
Wayne
State
Michigan
Latitude
42.3068
Longitude
-83.5297
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
$151,060
-
-
$2,713,200
-
-
-
$5,426,400

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