Commercial Real Estate in Detroit | Reonomy

Commercial Real Estate in Detroit

Unlock property data on 335 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 $692,836 $582,996 --
Median sold price $120,557 $93,233 --
Number of sales 5,144,695 67,664 --
Number of sales over $250k 1,789,241 18,007 --
Number of sales over $1m 366,897 3,550 --
Number of sales over $10m 51,097 360 --
Average total tax amount $5,001 $1,632 --
Average assessed value $231,489 $32,392 --
Average market value $310,223 $181,906 --

Detroit commercial real estate property averages

Property averages United States Alabama Detroit
Average lot size 827,513 sf 2,308,751 sf 1,492,939 sf
Median lot size 24,569 sf 43,560 sf 871,200 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1987 1981
Average number of units 18 35 --
Median number of units 2 5 --

Detroit commercial real estate total supply

Supply United States Alabama Detroit
Number of parcels 106,311,555 1,124,485 338
Aggregate lot acerage 867,958,984 18,392,729 6,169
Aggregate building area -- -- --
Aggregate units 106,475,202 712,022 --

Detroit commercial real estate industrial mortgages

Debt United States Alabama Detroit
Number of mortgages 42,599,827 187,081 --
Average value of mortgages $5,760,401 $4,730,315 $29,200,000

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