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.

To access full information start a free trial

Michigan healthcare real estate sold prices and values

The average assessed value of healthcare real estate properties in Michigan is $1,624,487. Healthcare real estate sale prices in Michigan have a median of $239,500. The last 24 months of sales history has seen 40 sales, with 17 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 $62.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $26,784 $74
Median price/sqft $109 $62
Average sold price $34,053,433 $333,362
Median sold price $590,750 $239,500
Number of sales 660 40
Number of sales over $250k 410 17
Number of sales over $1m 295 2
Number of sales over $10m 138 --
Average total tax amount $103,841 $51,165
Average assessed value $9,352,351 $1,624,487
Average market value $9,027,729 $2,941,503

Michigan healthcare real estate property averages

The average lot size of healthcare real estate properties in Michigan is 45,093 sf. This is 3% above the United States average. The average building area is 51 sf and the median year built is 1968.

Property averages United States Michigan
Average lot size 466,122 sf 736,005 sf
Median lot size 43,381 sf 45,093 sf
Average building area 3,331 sf 63 sf
Median building area 54 sf 51 sf
Median year built 1971 1968
Average number of units 32 21
Median number of units -- 8

Michigan healthcare real estate total supply

There are 1,396 healthcare real estate properties in Michigan. This is 168% below the United States average. The total acerage is 11,085 acres and the aggregate building area for healthcare real estate properties in Michigan is 9,415 sf.

Supply United States Michigan
Number of parcels 16,323 1,396
Aggregate lot acerage 188,902 11,085
Aggregate building area 13,011,502 sf 9,415 sf
Aggregate units 66,420 253

Michigan healthcare real estate industrial mortgages

There are 769 mortgages for healthcare real estate properties across Michigan in the Reonomy database. The average value of those mortgages is $40,461,186. This is 44% below the United States average.

Debt United States Michigan
Number of mortgages 13,978 769
Average value of mortgages $63,748,462 $40,461,186

To access full information start a free trial