Industrial Properties in Detroit | Reonomy

Industrial Properties in Detroit

Unlock property data on 2,790 industrial properties in Detroit. Search through Detroit property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Detroit 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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Detroit industrial property sold prices and values

Values and sold prices (last 24 months) United States Michigan Detroit
Average price/sqft -- -- --
Average sold price $3,343,586 $478,680 $137,496
Median sold price $261,970 $46 --
Number of sales 133,646 3,944 344
Number of sales over $250k 68,304 1,112 49
Number of sales over $1m 38,386 369 12
Number of sales over $10m 7,807 21 --
Average total tax amount $25,716 $21,164 $13,178
Average assessed value $1,118,362 $446,436 $210,957
Average market value $1,424,638 $891,723 $421,932

Detroit industrial property property averages

Property averages United States Michigan Detroit
Average lot size 393,951 sf 1,058,870 sf 83,176 sf
Median lot size 47,516 sf 69,864 sf 19,328 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1981 1977 1950
Average number of units 13 4 12
Median number of units -- -- 5

Detroit industrial property total supply

Supply United States Michigan Detroit
Number of parcels 1,361,829 43,860 2,792
Aggregate lot acerage 26,266,102 10,520,633 4,055
Aggregate building area -- -- --
Aggregate units 3,071,942 23,681 73

Detroit industrial property industrial mortgages

Debt United States Michigan Detroit
Number of mortgages 1,855,060 42,597 1,674
Average value of mortgages $23,580,599 $46,978,350 $184,963,328

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