Commercial real estate properties in Grand Rapids

Unlock property data on 15,655 Commercial Real Estate Properties in Grand Rapids. Search through Grand Rapids 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 Grand Rapids

Reonomy attracts a large community of Grand Rapids 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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Grand Rapids commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Michigan Grand Rapids
Average price/sqft $1,162 $122 $84
Median price/sqft $119 $51 $56
Average sold price $1,114,855 $242,630 $274,250
Median sold price $196,929 $91,116 $140,000
Number of sales 4,019,388 67,548 896
Number of sales over $250k 1,703,768 17,276 283
Number of sales over $1m 395,356 2,022 34
Number of sales over $10m 56,853 67 --
Average total tax amount $9,275 $5,754 $13,261
Average assessed value $314,519 $141,923 $337,321
Average market value $401,339 $284,158 $674,642

Grand Rapids commercial real estate property averages

Property averages United States Michigan Grand Rapids
Average lot size 816,515 sf 1,063,492 sf 5,079,288 sf
Median lot size 24,409 sf 27,014 sf 18,332 sf
Average building area 1,104 sf 131 sf 2,338 sf
Median building area 77 sf 29 sf 19 sf
Median year built 1970 1959 1960
Average number of units 16 14 66
Median number of units 2 2 8

Grand Rapids commercial real estate total supply

Supply United States Michigan Grand Rapids
Number of parcels 58,289,378 1,471,535 16,011
Aggregate lot acerage 991,688,160 39,192,573 3,296,699
Aggregate building area 8,158,324,363 sf 12,188,274 sf 4,901,958 sf
Aggregate units 89,904,968 682,800 78,414

Grand Rapids commercial real estate industrial mortgages

Debt United States Michigan Grand Rapids
Number of mortgages 41,540,237 465,233 12,748
Average value of mortgages $5,185,072 $22,416,065 $5,463,682

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