Industrial Properties in Michigan

Unlock property data on all 38,838 industrial properties in Michigan. Search across 83 counties to find the Michigan property records you need, and get in touch with Industrial Property owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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Popular searches around Michigan

Reonomy attracts a large community of Michigan commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in industrial properties.

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Michigan industrial property sold prices and values

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $3,867 $59
Median price/sqft $62 $33
Average sold price $3,108,699 $617,954
Median sold price $478,114 $249,687
Number of sales 71,295 1,486
Number of sales over $250k 45,776 744
Number of sales over $1m 24,925 191
Number of sales over $10m 4,051 6
Average total tax amount $24,125 $21,460
Average assessed value $1,027,755 $459,859
Average market value $1,310,620 $915,145

Michigan industrial property property averages

Property averages United States Michigan
Average lot size 387,246 sf 468,241 sf
Median lot size 45,348 sf 64,134 sf
Average building area 3,115 sf 36 sf
Median building area 35 sf 16 sf
Median year built 1979 1975
Average number of units 9 4
Median number of units -- --

Michigan industrial property total supply

Supply United States Michigan
Number of parcels 1,184,233 39,220
Aggregate lot acerage 13,186,149 512,712
Aggregate building area 1,174,117,968 sf 385,874 sf
Aggregate units 1,595,674 18,552

Michigan industrial property industrial mortgages

Debt United States Michigan
Number of mortgages 1,543,317 31,564
Average value of mortgages $15,832,180 $94,657,839

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