Commercial Real Estate in Michigan | Reonomy

Commercial Real Estate in Michigan

Unlock property data on all 1,320,671 commercial properties in Michigan. Search across 93 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 $775,789 $137,319
Median sold price $89,490 $17,970
Number of sales 4,892,616 111,325
Number of sales over $250k 1,580,523 15,275
Number of sales over $1m 405,314 2,201
Number of sales over $10m 59,650 37
Average total tax amount $4,926 $4,204
Average assessed value $236,404 $104,534
Average market value $320,843 $207,937

Michigan commercial real estate property averages

Property averages United States Michigan
Average lot size 891,962 sf 1,331,936 sf
Median lot size 28,598 sf 28,446 sf
Average building area -- --
Median building area -- --
Median year built 1971 1960
Average number of units 17 14
Median number of units 2 2

Michigan commercial real estate total supply

Supply United States Michigan
Number of parcels 143,464,213 1,336,050
Aggregate lot acerage 783,752,430 69,150,612
Aggregate building area -- --
Aggregate units 92,335,271 650,235

Michigan commercial real estate industrial mortgages

Debt United States Michigan
Number of mortgages 40,420,818 478,157
Average value of mortgages $6,489,571 $22,197,241

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