Commercial real estate in Detroit
Search commercial real estate records in Detroit to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Detroit commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.
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1-10 of 105,017 results
Popular searches around Detroit
Reonomy operates the most comprehensive database for Detroit Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Detroit commercial real estate professionals. Members from Detroit include brokers, investors and service providers, many of whom specialize in Detroit Commercial Real Estate.
Detroit commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Detroit is $78,200. Commercial real estate sale prices in Detroit have a median of $26,354. The last 24 months of sales history has seen 4,106 sales, with 787 sales greater than $250,000, 309 sales valued at over $1,000,000, and 6 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Detroit over the last 24 months is $14.
|Values and sold prices (last 24 months)||United States||Michigan||Detroit|
|Average sold price||$1,121,868||$244,827||$282,700|
|Median sold price||$194,935||$94,076||$26,354|
|Number of sales||3,907,581||63,987||4,106|
|Number of sales over $250k||1,646,046||16,442||787|
|Number of sales over $1m||386,972||1,904||309|
|Number of sales over $10m||55,955||63||6|
|Average total tax amount||$5,932||$5,710||$4,418|
|Average assessed value||$307,066||$143,074||$78,200|
|Average market value||$388,214||$285,738||$156,400|
Detroit commercial real estate property averages
The average lot size of commercial real estate properties in Detroit is 3,920 sf. This is 154% below the Michigan average.
|Property averages||United States||Michigan||Detroit|
|Average lot size||816,882 sf||1,075,686 sf||15,171 sf|
|Median lot size||24,485 sf||30,903 sf||3,920 sf|
|Average building area||1,138 sf||135 sf||85 sf|
|Median building area||75 sf||29 sf||7 sf|
|Median year built||1970||1960||1941|
|Average number of units||16||14||36|
|Median number of units||2||2||8|
Detroit commercial real estate total supply
There are 108,098 commercial real estate properties in Detroit. This is 171% below the Michigan average. The total acerage is 504,294 acres and the aggregate building area for commercial real estate properties in Detroit is 1,088,496 sf.
|Number of parcels||57,794,383||1,430,360||108,098|
|Aggregate lot acerage||958,750,430||36,585,834||504,294|
|Aggregate building area||8,137,456,057 sf||11,756,938 sf||1,088,496 sf|
Detroit commercial real estate industrial mortgages
There are 26,781 mortgages for commercial real estate properties across Detroit in the Reonomy database. The average value of those mortgages is $49,897,186. This is 73% above the Michigan average.
|Number of mortgages||40,416,832||447,987||26,781|
|Average value of mortgages||$5,210,150||$23,065,357||$49,897,186|