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    Canton Ctr Rd And Cherry Hl Rd Canton, MI

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    For Sale
    $1,000,000

    Land available for medical office development in Canton, Michigan.

    Property size:
    7,000 SF
    Lot size:
    6.27 Acres

    Property Features for Canton Ctr Rd And Cherry Hl Rd

    General Information

    Size
    7,000 SF
    Lot size
    6.27 Acres

    Source: ROC Real Estate Agent Terrance W. Bixler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Project Land Available

    This property is part of a medical office project located at the intersection of Canton Center Rd. and Cherry Hill Rd. It is situated in the fastest-growing area of Western Wayne County. The site has approved plans for two out lots, each intended for 7,000 square foot buildings. Underground storm sewer infrastructure is already completed. The location is near the University of Michigan (10,000 square feet) and Canton Dermatology (15,000 square feet).
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Canton
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3949632
    Latitude
    42.27757

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    FAQs

    What type of property is this?
    Medical office - Land available for medical office development in Canton, Michigan.
    Where is this medical office located?
    The property is located at Canton Ctr Rd And Cherry Hl Rd Canton, MI.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Located in the fastest-growing area of Western Wayne County.; - Join University of Michigan and Canton Dermatology as tenants.; - Approved plans for two outlots with 7,000 sf buildings each.
    (734) 355-6030
    Request Owner's contact information
    Canton Ctr Rd And Cherry Hl Rd Canton, MI
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    Realmo Value Estimation

    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

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    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.

    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
    Canton Ctr Rd And Cherry Hl Rd Canton, MI
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