Land in Michigan

Search land 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 Land 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 Land.

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Michigan land sold prices and values

The average assessed value of land parcels in Michigan is $32,230. Land sale prices in Michigan have a median of $77,331. The last 24 months of sales history has seen 41,902 sales, with 9,509 sales greater than $250,000, 491 sales valued at over $1,000,000, and 15 sales valued at over $10,000,000. The average price per square foot of land parcels in Michigan over the last 24 months is $123.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $981 $118
Median price/sqft $129 $123
Average sold price $753,046 $171,858
Median sold price $170,554 $77,331
Number of sales 2,565,714 41,902
Number of sales over $250k 969,497 9,509
Number of sales over $1m 159,509 491
Number of sales over $10m 20,675 15
Average total tax amount $1,145 $833
Average assessed value $56,488 $32,230
Average market value $69,194 $64,383

Michigan land property averages

The average lot size of land parcels in Michigan is 40,173 sf. This is 51% above the United States average.

Property averages United States Michigan
Average lot size 659,784 sf 594,574 sf
Median lot size 23,811 sf 40,173 sf
Average building area 557 sf 86 sf
Median building area 102 sf 45 sf
Median year built 1987 1941
Average number of units 14 14
Median number of units -- --

Michigan land total supply

There are 775,176 land parcels in Michigan. This is 190% below the United States average. The total acerage is 11,305,094 acres and the aggregate building area for land parcels in Michigan is 716,236 sf.

Supply United States Michigan
Number of parcels 31,877,429 775,176
Aggregate lot acerage 398,870,684 11,305,094
Aggregate building area 958,491,268 sf 716,236 sf
Aggregate units 7,829,480 57,934

Michigan land industrial mortgages

There are 156,008 mortgages for land parcels across Michigan in the Reonomy database. The average value of those mortgages is $30,907,615. This is 153% above the United States average.

Debt United States Michigan
Number of mortgages 14,150,575 156,008
Average value of mortgages $4,056,053 $30,907,615

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