Healthcare real estate in Michigan

Search healthcare real estate records in Michigan 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 Michigan 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 Michigan

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

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Michigan healthcare real estate sold prices and values

The average assessed value of healthcare real estate properties in Michigan is $1,124,909. Healthcare real estate sale prices in Michigan have a median of $196,000. The last 24 months of sales history has seen 51 sales, with 19 sales greater than $250,000, 2 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of healthcare real estate properties in Michigan over the last 24 months is $60.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $28,739 $72
Median price/sqft $122 $60
Average sold price $34,356,722 $293,509
Median sold price $589,725 $196,000
Number of sales 632 51
Number of sales over $250k 390 19
Number of sales over $1m 286 2
Number of sales over $10m 128 --
Average total tax amount $115,308 $26,125
Average assessed value $9,683,710 $1,124,909
Average market value $9,578,153 $2,021,272

Michigan healthcare real estate property averages

The average lot size of healthcare real estate properties in Michigan is 48,488 sf. This is 1% below the United States average. The average building area is 54 sf and the median year built is 1969.

Property averages United States Michigan
Average lot size 813,773 sf 2,777,552 sf
Median lot size 49,136 sf 48,488 sf
Average building area 3,727 sf 64 sf
Median building area 62 sf 54 sf
Median year built 1974 1969
Average number of units 32 18
Median number of units -- 10

Michigan healthcare real estate total supply

There are 1,605 healthcare real estate properties in Michigan. This is 161% below the United States average. The total acerage is 98,525 acres and the aggregate building area for healthcare real estate properties in Michigan is 10,340 sf.

Supply United States Michigan
Number of parcels 15,199 1,605
Aggregate lot acerage 1,435,645 98,525
Aggregate building area 12,983,666 sf 10,340 sf
Aggregate units 61,978 313

Michigan healthcare real estate industrial mortgages

There are 834 mortgages for healthcare real estate properties across Michigan in the Reonomy database. The average value of those mortgages is $13,803,757. This is 132% below the United States average.

Debt United States Michigan
Number of mortgages 12,784 834
Average value of mortgages $67,580,883 $13,803,757

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