Commercial real estate properties in Detroit

Unlock property data on 133,085 Commercial Real Estate 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 Real Estate.

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Detroit commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Michigan Detroit
Average price/sqft $1,162 $122 $216
Median price/sqft $119 $51 $13
Average sold price $1,114,855 $242,630 $247,719
Median sold price $196,929 $91,116 $22,923
Number of sales 4,019,388 67,548 5,363
Number of sales over $250k 1,703,768 17,276 881
Number of sales over $1m 395,356 2,022 339
Number of sales over $10m 56,853 67 7
Average total tax amount $9,275 $5,754 $2,914
Average assessed value $314,519 $141,923 $50,181
Average market value $401,339 $284,158 $100,362

Detroit commercial real estate property averages

Property averages United States Michigan Detroit
Average lot size 816,515 sf 1,063,492 sf 22,636 sf
Median lot size 24,409 sf 27,014 sf 3,920 sf
Average building area 1,104 sf 131 sf 80 sf
Median building area 77 sf 29 sf 6 sf
Median year built 1970 1959 1939
Average number of units 16 14 36
Median number of units 2 2 7

Detroit commercial real estate total supply

Supply United States Michigan Detroit
Number of parcels 58,289,378 1,471,535 136,327
Aggregate lot acerage 991,688,160 39,192,573 530,427
Aggregate building area 8,158,324,363 sf 12,188,274 sf 1,194,506 sf
Aggregate units 89,904,968 682,800 63,710

Detroit commercial real estate industrial mortgages

Debt United States Michigan Detroit
Number of mortgages 41,540,237 465,233 30,800
Average value of mortgages $5,185,072 $22,416,065 $45,047,595

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