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 $34,245. Land sale prices in Michigan have a median of $80,036. The last 24 months of sales history has seen 41,251 sales, with 9,816 sales greater than $250,000, 538 sales valued at over $1,000,000, and 12 sales valued at over $10,000,000. The average price per square foot of land parcels in Michigan over the last 24 months is $115.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $771 $140
Median price/sqft $131 $115
Average sold price $688,717 $175,624
Median sold price $174,282 $80,036
Number of sales 2,614,374 41,251
Number of sales over $250k 1,003,961 9,816
Number of sales over $1m 159,049 538
Number of sales over $10m 19,336 12
Average total tax amount $1,219 $967
Average assessed value $59,025 $34,245
Average market value $79,440 $69,545

Michigan land property averages

The average lot size of land parcels in Michigan is 36,170 sf. This is 42% above the United States average.

Property averages United States Michigan
Average lot size 657,604 sf 577,378 sf
Median lot size 23,533 sf 36,170 sf
Average building area 481 sf 95 sf
Median building area 104 sf 40 sf
Median year built 1988 1939
Average number of units 13 15
Median number of units -- --

Michigan land total supply

There are 790,841 land parcels in Michigan. This is 190% below the United States average. The total acerage is 11,383,162 acres and the aggregate building area for land parcels in Michigan is 883,786 sf.

Supply United States Michigan
Number of parcels 32,293,367 790,841
Aggregate lot acerage 409,405,969 11,383,162
Aggregate building area 916,721,812 sf 883,786 sf
Aggregate units 7,798,117 60,703

Michigan land industrial mortgages

There are 169,359 mortgages for land parcels across Michigan in the Reonomy database. The average value of those mortgages is $26,356,958. This is 147% above the United States average.

Debt United States Michigan
Number of mortgages 15,058,298 169,359
Average value of mortgages $4,003,786 $26,356,958

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