Commercial Real Estate in Minnesota – Page 6 | Reonomy

Commercial Real Estate in Minnesota – Page 6

Unlock property data on all 1,361,923 commercial properties in Minnesota. Search across 89 counties to find the Minnesota property records you need, and get in touch with Commercial Real Estate owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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Popular searches around Minnesota

Reonomy attracts a large community of Minnesota commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Minnesota commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $909 $2,092
Average sold price $1,037,796 $645,067
Median sold price $196,975 $136,488
Number of sales 3,594,235 85,321
Number of sales over $250k 1,522,457 31,067
Number of sales over $1m 344,082 6,683
Number of sales over $10m 46,755 731
Average total tax amount $7,065 $5,902
Average assessed value $252,208 $302,089
Average market value $356,366 $306,697

Minnesota commercial real estate property averages

Property averages United States Minnesota
Average lot size 816,546 sf 1,080,002 sf
Median lot size 24,460 sf 84,392 sf
Average building area 1,078 sf 387 sf
Median building area 77 sf 69 sf
Median year built 1970 1967
Average number of units 16 18
Median number of units 2 3

Minnesota commercial real estate total supply

Supply United States Minnesota
Number of parcels 58,466,290 1,397,138
Aggregate lot acerage 1,006,250,046 12,672,118
Aggregate building area 8,055,341,670 sf 50,490,673 sf
Aggregate units 90,014,181 652,661

Minnesota commercial real estate industrial mortgages

Debt United States Minnesota
Number of mortgages 41,925,990 468,434
Average value of mortgages $5,197,811 $3,970,067

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