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 $204,618. Healthcare real estate sale prices in Michigan have a median of $164,950. The last 24 months of sales history has seen 6 sales, with 2 sales greater than $250,000, 0 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 $116.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $311 $104
Median price/sqft $160 $116
Average sold price $3,088,571 $278,316
Median sold price $355,000 $164,950
Number of sales 220 6
Number of sales over $250k 153 2
Number of sales over $1m 54 --
Number of sales over $10m 9 --
Average total tax amount $23,950 $9,498
Average assessed value $1,189,229 $204,618
Average market value $1,082,147 $390,587

Michigan healthcare real estate property averages

The average lot size of healthcare real estate properties in Michigan is 10,890 sf. This is 76% below the United States average. The average building area is 60 sf and the median year built is 1955.

Property averages United States Michigan
Average lot size 138,318 sf 33,492 sf
Median lot size 24,299 sf 10,890 sf
Average building area 238 sf 76 sf
Median building area 74 sf 60 sf
Median year built 1986 1955
Average number of units 26 30
Median number of units 4 3

Michigan healthcare real estate total supply

There are 221 healthcare real estate properties in Michigan. This is 191% below the United States average. The total acerage is 100 acres and the aggregate building area for healthcare real estate properties in Michigan is 6,945 sf.

Supply United States Michigan
Number of parcels 9,865 221
Aggregate lot acerage 6,055 100
Aggregate building area 426,111 sf 6,945 sf
Aggregate units 16,104 722

Michigan healthcare real estate industrial mortgages

There are 14 mortgages for healthcare real estate properties across Michigan in the Reonomy database. The average value of those mortgages is $422,910. This is 148% below the United States average.

Debt United States Michigan
Number of mortgages 582 14
Average value of mortgages $2,882,747 $422,910

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