Hotel property in Minnesota
Search hotel property records in Minnesota 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 Minnesota 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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1560 Quarry Rd, Eagan, MN 55121
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1380 Northland Dr, Mendota Heights, MN 55120
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975 Weir Dr, Woodbury, MN 55125
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10643 Baltimore St NE, Blaine, MN 55449
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52855 Avalon Ct, Braham, MN 55006
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8098 Hawthorn Trl NW, Walker, MN 56484
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Walker, MN 56484
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19332 N Blackduck Lake Rd NE, Hines, MN 56647
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24370 Rosies Way, Nisswa, MN 56468
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200 Grand Ave, Saint Paul, MN 55102
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Popular searches around Minnesota
Reonomy operates the most comprehensive database for Minnesota Hotel Property 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 Minnesota commercial real estate professionals. Members from Minnesota include brokers, investors and service providers, many of whom specialize in Minnesota Hotel Property.
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Minnesota hotel property sold prices and values
The average assessed value of hotel properties in Minnesota is $1,100,243. Hotel property sale prices in Minnesota have a median of $608,333. The last 24 months of sales history has seen 279 sales, with 182 sales greater than $250,000, 108 sales valued at over $1,000,000, and 6 sales valued at over $10,000,000. The average price per square foot of hotel properties in Minnesota over the last 24 months is $110.
| Values and sold prices (last 24 months) | United States | Minnesota |
|---|---|---|
| Average price/sqft | $7,467 | $602 |
| Median price/sqft | $113 | $110 |
| Average sold price | $6,524,869 | $1,844,875 |
| Median sold price | $1,098,767 | $608,333 |
| Number of sales | 8,661 | 279 |
| Number of sales over $250k | 6,577 | 182 |
| Number of sales over $1m | 4,495 | 108 |
| Number of sales over $10m | 892 | 6 |
| Average total tax amount | $80,293 | $35,999 |
| Average assessed value | $3,324,124 | $1,100,243 |
| Average market value | $4,295,638 | $1,097,746 |
Minnesota hotel property property averages
The average lot size of hotel properties in Minnesota is 24,001 sf. This is 65% below the United States average. The average building area is 79 sf and the median year built is 1973.
| Property averages | United States | Minnesota |
|---|---|---|
| Average lot size | 600,555 sf | 132,965 sf |
| Median lot size | 47,270 sf | 24,001 sf |
| Average building area | 6,730 sf | 295 sf |
| Median building area | 74 sf | 79 sf |
| Median year built | 1978 | 1973 |
| Average number of units | 51 | 62 |
| Median number of units | 16 | 29 |
Minnesota hotel property total supply
There are 3,675 hotel properties in Minnesota. This is 184% below the United States average. The total acerage is 5,802 acres and the aggregate building area for hotel properties in Minnesota is 213,731 sf.
| Supply | United States | Minnesota |
|---|---|---|
| Number of parcels | 92,381 | 3,675 |
| Aggregate lot acerage | 1,159,686 | 5,802 |
| Aggregate building area | 274,897,203 sf | 213,731 sf |
| Aggregate units | 1,366,877 | 7,591 |
Minnesota hotel property industrial mortgages
There are 2,159 mortgages for hotel properties across Minnesota in the Reonomy database. The average value of those mortgages is $25,063,240. This is 60% below the United States average.
| Debt | United States | Minnesota |
|---|---|---|
| Number of mortgages | 216,476 | 2,159 |
| Average value of mortgages | $46,836,937 | $25,063,240 |
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