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 $20,320. Land sale prices in Michigan have a median of $149,257. The last 24 months of sales history has seen 2,030 sales, with 692 sales greater than $250,000, 16 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of land parcels in Michigan over the last 24 months is $66.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $460 $109
Median price/sqft $129 $66
Average sold price $483,357 $212,841
Median sold price $218,470 $149,257
Number of sales 195,316 2,030
Number of sales over $250k 87,717 692
Number of sales over $1m 10,414 16
Number of sales over $10m 923 --
Average total tax amount $1,455 $1,927
Average assessed value $59,445 $20,320
Average market value $59,754 $18,543

Michigan land property averages

The average lot size of land parcels in Michigan is 15,803 sf. This is 93% below the United States average.

Property averages United States Michigan
Average lot size 610,117 sf 375,395 sf
Median lot size 43,560 sf 15,803 sf
Average building area 238 sf 60 sf
Median building area 84 sf 27 sf
Median year built 2002 1942
Average number of units 24 32
Median number of units -- 34

Michigan land total supply

There are 102,278 land parcels in Michigan. This is 190% below the United States average. The total acerage is 922,064 acres and the aggregate building area for land parcels in Michigan is 113,748 sf.

Supply United States Michigan
Number of parcels 4,313,841 102,278
Aggregate lot acerage 21,538,880 922,064
Aggregate building area 11,517,960 sf 113,748 sf
Aggregate units 1,558,094 8,161

Michigan land industrial mortgages

There are 1,280 mortgages for land parcels across Michigan in the Reonomy database. The average value of those mortgages is $611,712. This is 81% below the United States average.

Debt United States Michigan
Number of mortgages 119,489 1,280
Average value of mortgages $1,447,294 $611,712

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