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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Medical Office Space
45250 Cherry Hl Rd, Canton, MI 48187-5073
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US43-2034409
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2012
Total area
9,300 SF
Lot
2.69 ac (117,176 SF)
Zoning code
R-3
APN
71 059 99 0004 717
UPID
US43-2034409
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
-
DMC Children's Hospital of Michigan Hospital Children's Hospital
-
Children's Hospital of Michigan Specialty Center at Canton Hospital Children's Hospital
-
VINOD K MISRA Physician
-
Dr. Ahmed Bazzi Physician
-
Carissa Wentland Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.20M
Owner & transaction history
Transend Properties Xxii LLC
Transend Properties Xxii LLC
since 2026
6 recorded transactions
Zoning & alternative use
R-3 · Canton, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+71.9%
Office building
$1.2M
+36.8%
Auto repair, garage
$1.0M
+12.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$905,000
Current use
COMMERCIAL (GENERAL)
$1,555,000
Change: +72% · Conversion: Easy
OFFICE BUILDING
$1,240,000
Change: +37% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,020,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,000,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$740,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$129 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$38,377
Tax year 2023
Assessed value
$741,400
Assessed 2024
Previous assessed
$743,600
-0.3% YoY
Effective rate
5.18%
On assessed value
Total market value
$1,482,800
Applied tax rate
82,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2012
Heating
FORCED AIR
Stories
1
Total area
9,300 SF
Lot
2.69 ac (117,176 SF)
Zoning code
R-3
APN
71 059 99 0004 717
UPID
US43-2034409
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
R-3 · Canton, MI
Zoning R-3 · permitted uses
R-3 · Canton, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$740,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Heating
FORCED AIR
Stories
1
Lot
2.69 ac
Current owner
From public records · entity-resolved
Transend Properties Xxii LLC
Entity
Mailing address
30200 TELEGRAPH RD STE #205, BINGHAM FARMS, MI 48025-4503
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
Transend Properties Xxii LLC
Cgs Canton LLC
Deed
$1,592,500 · Michigan State University FCU
Nov 4, 2019
—
Cgs Canton Parcel III LLC
—
Deed
related
$49,500,000 · Starwood Mortgage Capital LLC
Dec 22, 2011
—
Cgs Canton Parcel III LLC
Cgs Canto LLC
Quit Claim Deed
related
$1,671,000 · Level One Bk
Aug 19, 2009
—
Cgs Canton LLC
Summit Commerce Center LLC
Warranty Deed
$2,000,000 · Level One Bk
—
—
Cgs Canton Parcel III LLC
—
Deed Of Trust
related
$150,000 · Level One Bk
—
—
Cgs Canton Parcel III LLC
—
Deed Of Trust
related
$15,500,000 · Ladder Cap Fin
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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