Commercial Real Estate in Michigan | Reonomy

Commercial Real Estate in Michigan

Unlock property data on all 1,425,393 commercial properties in Michigan. Search across 89 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 $696,014 $158,706
Median sold price $120,027 $17,242
Number of sales 5,016,505 111,990
Number of sales over $250k 1,742,648 17,757
Number of sales over $1m 358,151 2,042
Number of sales over $10m 49,546 66
Average total tax amount $4,979 $5,767
Average assessed value $231,735 $101,515
Average market value $311,377 $202,460

Michigan commercial real estate property averages

Property averages United States Michigan
Average lot size 827,961 sf 1,151,309 sf
Median lot size 24,595 sf 29,413 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 105,898,240 1,519,334
Aggregate lot acerage 873,858,415 60,689,801
Aggregate building area -- --
Aggregate units 106,341,984 894,237

Michigan commercial real estate industrial mortgages

Debt United States Michigan
Number of mortgages 42,405,396 483,452
Average value of mortgages $5,775,384 $22,719,820

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