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 $368,284. Commercial real estate sale prices in Minnesota have a median of $188,209. The last 24 months of sales history has seen 51,339 sales, with 21,103 sales greater than $250,000, 4,497 sales valued at over $1,000,000, and 527 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 $1,487 $396
Median price/sqft $101 $91
Average sold price $1,190,870 $729,239
Median sold price $190,251 $188,209
Number of sales 3,017,432 51,339
Number of sales over $250k 1,271,384 21,103
Number of sales over $1m 333,285 4,497
Number of sales over $10m 50,330 527
Average total tax amount $6,485 $8,192
Average assessed value $294,387 $368,284
Average market value $346,180 $379,267

Minnesota commercial real estate property averages

The average lot size of commercial real estate properties in Minnesota is 121,230 sf. This is 130% above the United States average.

Property averages United States Minnesota
Average lot size 837,093 sf 1,237,392 sf
Median lot size 25,591 sf 121,230 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 10,773,003 acres and the aggregate building area for commercial real estate properties in Minnesota is 37,428,191 sf.

Supply United States Minnesota
Number of parcels 51,649,673 1,114,545
Aggregate lot acerage 684,518,718 10,773,003
Aggregate building area 7,014,588,098 sf 37,428,191 sf
Aggregate units 92,543,308 638,062

Minnesota commercial real estate industrial mortgages

There are 188,253 mortgages for commercial real estate properties across Minnesota in the Reonomy database. The average value of those mortgages is $6,182,749. This is 34% below the United States average.

Debt United States Minnesota
Number of mortgages 16,072,153 188,253
Average value of mortgages $8,735,955 $6,182,749

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