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Property profile & analytics

50409 Independence St Canton, MI 48188

  • Commercial land
  • 0.19 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1111516
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.

Current Use by Public Records

  • Cold Stone Creamery / Ice Cream Shop
  • Blimpie America's Sub Shop / Caterer / Deli

Property Details for 50409 Independence St

Lot size
0.19 lot acres
Zone code
R-1
Property type
Commercial land
APN
71 073 99 0009 704
APU
71073990009704

Description

This exceptional mixed-use building, located in the heart of Canton's Cherry Hill Village, offers 15,000 square feet of office space across three stories. Built in 2002 and renovated in 2024, the Class B property features 27 parking spaces and an elevator. Two spaces are currently available, ranging from 1,650 to 2,000 square feet, ideal for a variety of businesses. The building's prime location within the thriving Cherry Hill Village offers easy access to numerous residential developments, including those by Pulte, Toll Brothers, DPG, MI Homes, and Beztak Properties. The area is experiencing significant growth, with approximately 500 new residential units delivered recently, creating a strong demand for commercial space. Canton Township's status as a professional hub, with major employers like the University of Michigan Health Systems, Ford Motor, Yazaki North America, General Motors, and Johnson Controls, further enhances the property's investment potential. The property is zoned for Cherry Hill Village Overlay District/PDD and has a Wayne County APN of 71-073-99-0009-703. This is a unique opportunity to acquire a well-maintained, strategically located commercial property in a rapidly growing area. The building's mixed-use zoning allows for flexibility in tenant selection and potential for diverse income streams. The convenient location and ample parking make this an attractive option for businesses seeking a vibrant and accessible location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
Canton
County
Wayne
State
Michigan
Longitude
-83.5362
Latitude
42.3055
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
$0.00
$0.00
$0.00
$0.00
-
$0.00
$0.00
$0.00
More about this property
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