Commercial Real Estate in Michigan | Reonomy

Commercial Real Estate in Michigan

Unlock property data on all 1,409,977 commercial properties in Michigan. Search across 87 counties to find the Michigan property records you need, and get in touch with Commercial Real Estate owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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Popular searches around Michigan

Reonomy attracts a large community of Michigan 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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Michigan commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Michigan
Average price/sqft -- --
Average sold price $719,520 $155,350
Median sold price $117,513 $16,443
Number of sales 4,966,440 111,058
Number of sales over $250k 1,713,796 17,434
Number of sales over $1m 361,743 2,018
Number of sales over $10m 49,723 72
Average total tax amount $4,995 $4,173
Average assessed value $231,214 $100,837
Average market value $312,693 $201,259

Michigan commercial real estate property averages

Property averages United States Michigan
Average lot size 823,561 sf 1,078,811 sf
Median lot size 24,595 sf 29,286 sf
Average building area -- --
Median building area -- --
Median year built 1972 1960
Average number of units 18 16
Median number of units 2 2

Michigan commercial real estate total supply

Supply United States Michigan
Number of parcels 204,011,067 1,513,997
Aggregate lot acerage 845,192,728 41,348,122
Aggregate building area -- --
Aggregate units 105,714,707 880,345

Michigan commercial real estate industrial mortgages

Debt United States Michigan
Number of mortgages 41,957,457 477,243
Average value of mortgages $5,803,143 $23,123,879

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