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.
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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.
Michigan healthcare real estate sold prices and values
The average assessed value of healthcare real estate properties in Michigan is $223,689. Healthcare real estate sale prices in Michigan have a median of $210,000. The last 24 months of sales history has seen 41 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 $55.
|Values and sold prices (last 24 months)||United States||Michigan|
|Average sold price||$31,736,288||$332,888|
|Median sold price||$595,091||$210,000|
|Number of sales||693||41|
|Number of sales over $250k||437||17|
|Number of sales over $1m||310||2|
|Number of sales over $10m||139||--|
|Average total tax amount||$103,898||$63,525|
|Average assessed value||$7,455,675||$223,689|
|Average market value||$6,458,987||$448,273|
Michigan healthcare real estate property averages
The average lot size of healthcare real estate properties in Michigan is 44,939 sf. This is 3% above the United States average. The average building area is 50 sf and the median year built is 1968.
|Property averages||United States||Michigan|
|Average lot size||470,317 sf||733,747 sf|
|Median lot size||43,479 sf||44,939 sf|
|Average building area||3,302 sf||62 sf|
|Median building area||53 sf||50 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 1,400 healthcare real estate properties in Michigan. This is 168% below the United States average. The total acerage is 11,051 acres and the aggregate building area for healthcare real estate properties in Michigan is 8,812 sf.
|Number of parcels||16,318||1,400|
|Aggregate lot acerage||189,709||11,051|
|Aggregate building area||13,007,035 sf||8,812 sf|
Michigan healthcare real estate industrial mortgages
There are 762 mortgages for healthcare real estate properties across Michigan in the Reonomy database. The average value of those mortgages is $40,733,993. This is 41% below the United States average.
|Number of mortgages||13,570||762|
|Average value of mortgages||$61,776,741||$40,733,993|