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 $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 price/sqft $24,931 $76
Median price/sqft $104 $55
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.

Supply United States Michigan
Number of parcels 16,318 1,400
Aggregate lot acerage 189,709 11,051
Aggregate building area 13,007,035 sf 8,812 sf
Aggregate units 65,791 253

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.

Debt United States Michigan
Number of mortgages 13,570 762
Average value of mortgages $61,776,741 $40,733,993

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