Commercial real estate in Minnesota

Search commercial real estate records in Minnesota 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 Minnesota 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.

Popular searches around Minnesota

Reonomy operates the most comprehensive database for Minnesota 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 Minnesota commercial real estate professionals. Members from Minnesota include brokers, investors and service providers, many of whom specialize in Minnesota Commercial Real Estate.

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Minnesota commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Minnesota is $366,735. Commercial real estate sale prices in Minnesota have a median of $191,893. The last 24 months of sales history has seen 42,285 sales, with 17,675 sales greater than $250,000, 3,754 sales valued at over $1,000,000, and 448 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Minnesota over the last 24 months is $91.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $1,591 $453
Median price/sqft $101 $91
Average sold price $1,191,151 $768,551
Median sold price $192,684 $191,893
Number of sales 2,516,453 42,285
Number of sales over $250k 1,067,354 17,675
Number of sales over $1m 275,406 3,754
Number of sales over $10m 40,988 448
Average total tax amount $6,485 $8,190
Average assessed value $294,422 $366,735
Average market value $346,235 $377,705

Minnesota commercial real estate property averages

The average lot size of commercial real estate properties in Minnesota is 121,301 sf. This is 130% above the United States average.

Property averages United States Minnesota
Average lot size 837,108 sf 1,237,672 sf
Median lot size 25,566 sf 121,301 sf
Average building area 1,314 sf 449 sf
Median building area 60 sf 58 sf
Median year built 1964 1967
Average number of units 21 18
Median number of units 2 4

Minnesota commercial real estate total supply

There are 1,114,545 commercial real estate properties in Minnesota. This is 191% below the United States average. The total acerage is 10,772,093 acres and the aggregate building area for commercial real estate properties in Minnesota is 37,428,074 sf.

Supply United States Minnesota
Number of parcels 51,649,673 1,114,545
Aggregate lot acerage 684,153,710 10,772,093
Aggregate building area 7,014,526,346 sf 37,428,074 sf
Aggregate units 92,501,085 636,544

Minnesota commercial real estate industrial mortgages

There are 188,176 mortgages for commercial real estate properties across Minnesota in the Reonomy database. The average value of those mortgages is $6,184,107. This is 34% below the United States average.

Debt United States Minnesota
Number of mortgages 16,067,726 188,176
Average value of mortgages $8,736,966 $6,184,107

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