Commercial real estate in Grand Rapids
Search commercial real estate records in Grand Rapids 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 Grand Rapids 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.
1-10 of 15,223 results
1-10 of 15,223 results
Popular searches around Grand Rapids
Reonomy operates the most comprehensive database for Grand Rapids 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 Grand Rapids commercial real estate professionals. Members from Grand Rapids include brokers, investors and service providers, many of whom specialize in Grand Rapids Commercial Real Estate.
Grand Rapids commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Grand Rapids is $320,752. Commercial real estate sale prices in Grand Rapids have a median of $139,995. The last 24 months of sales history has seen 794 sales, with 252 sales greater than $250,000, 30 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Grand Rapids over the last 24 months is $56.
|Values and sold prices (last 24 months)||United States||Michigan||Grand Rapids|
|Average sold price||$1,121,868||$244,827||$271,068|
|Median sold price||$194,935||$94,076||$139,995|
|Number of sales||3,907,581||63,987||794|
|Number of sales over $250k||1,646,046||16,442||252|
|Number of sales over $1m||386,972||1,904||30|
|Number of sales over $10m||55,955||63||--|
|Average total tax amount||$5,932||$5,710||$13,745|
|Average assessed value||$307,066||$143,074||$320,752|
|Average market value||$388,214||$285,738||$641,505|
Grand Rapids commercial real estate property averages
The average lot size of commercial real estate properties in Grand Rapids is 18,358 sf. This is 50% below the Michigan average.
|Property averages||United States||Michigan||Grand Rapids|
|Average lot size||816,882 sf||1,075,686 sf||5,496,502 sf|
|Median lot size||24,485 sf||30,903 sf||18,358 sf|
|Average building area||1,138 sf||135 sf||1,823 sf|
|Median building area||75 sf||29 sf||9 sf|
|Median year built||1970||1960||1961|
|Average number of units||16||14||64|
|Median number of units||2||2||8|
Grand Rapids commercial real estate total supply
There are 15,353 commercial real estate properties in Grand Rapids. This is 195% below the Michigan average. The total acerage is 3,904,725 acres and the aggregate building area for commercial real estate properties in Grand Rapids is 4,908,680 sf.
|Supply||United States||Michigan||Grand Rapids|
|Number of parcels||57,794,383||1,430,360||15,353|
|Aggregate lot acerage||958,750,430||36,585,834||3,904,725|
|Aggregate building area||8,137,456,057 sf||11,756,938 sf||4,908,680 sf|
Grand Rapids commercial real estate industrial mortgages
There are 13,816 mortgages for commercial real estate properties across Grand Rapids in the Reonomy database. The average value of those mortgages is $5,285,007. This is 125% below the Michigan average.
|Debt||United States||Michigan||Grand Rapids|
|Number of mortgages||40,416,832||447,987||13,816|
|Average value of mortgages||$5,210,150||$23,065,357||$5,285,007|