Commercial Real Estate in Detroit | Reonomy

Commercial Real Estate in Detroit

Unlock property data on 334 commercial properties in Detroit. Search through Detroit property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Popular searches around Detroit

Reonomy attracts a large community of Detroit commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Detroit commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Alabama Detroit
Average price/sqft -- -- --
Average sold price $716,566 $446,258 --
Median sold price $116,014 $93,777 --
Number of sales 4,836,629 64,868 --
Number of sales over $250k 1,663,908 17,204 --
Number of sales over $1m 353,015 3,444 --
Number of sales over $10m 48,883 331 --
Average total tax amount $5,977 $1,537 $145
Average assessed value $232,587 $32,264 $4,500
Average market value $312,081 $183,078 $45,100

Detroit commercial real estate property averages

Property averages United States Alabama Detroit
Average lot size 825,307 sf 2,311,200 sf 1,500,938 sf
Median lot size 24,709 sf 43,560 sf 871,200 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1988 1979
Average number of units 24 35 --
Median number of units 2 5 --

Detroit commercial real estate total supply

Supply United States Alabama Detroit
Number of parcels 204,881,895 1,122,649 337
Aggregate lot acerage 837,446,945 18,097,016 6,167
Aggregate building area -- -- --
Aggregate units 141,965,361 703,158 --

Detroit commercial real estate industrial mortgages

Debt United States Alabama Detroit
Number of mortgages 44,335,641 205,235 --
Average value of mortgages $5,487,146 $4,311,443 --

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