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Financial
Distress signals
Property profile

50530 Cherry Hl Rd Canton, MI 48187

OFF-MARKET
Medical Office Space
Property ID
US43-1159751
2,448 SF 0.65 ac lot Built 1924
Last sale Jun 2004 · $370,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$296k
Effective rate3.16%

Value estimate

· Oct 2026
$345k
$311k – $380k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$75 – $129
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-1
GRICULTURAL DISTRICT Expand ARTICLE 10.00. - RE, RESIDENTIAL ESTATE DISTRICT AND RR, RURAL RESIDENTIAL DISTRICT ARTICLE 10.00. - RE, RESI...
General categoryRESIDENTIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply14.4
Restaurant12.4
Realty agency12.4

Location

50530 Cherry Hl Rd Canton, MI 48187-4604
County assessor Recorded deeds · 5 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8584 Canton Ctr, Canton, MI 48187-1310 $200,000 Sep 2024 1,519 SF
8538 Canton Ctr, Canton, MI 48187-1310 $119,910 Sep 2023 2,370 SF
8530 Canton Ctr, Canton, MI 48187-1310 $101,850 Nov 2022 1,205 SF
8508 Canton Ctr, Canton, MI 48187-1310 $665,000 Oct 2022 4,560 SF
42955 Frd, Canton, MI 48187-3377 $925,000 Apr 2021 3,491 SF
7277 Lilley, Canton, MI 48187-2434 $290,000 Oct 2020 2,025 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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