Office space in Michigan
Search office space 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.
1-10 of 11,738 results
1-10 of 11,738 results
Popular searches around Michigan
Reonomy operates the most comprehensive database for Michigan Office Space 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 Office Space.
Michigan office space sold prices and values
The average assessed value of office spaces in Michigan is $332,465. Office space sale prices in Michigan have a median of $189,431. The last 24 months of sales history has seen 771 sales, with 313 sales greater than $250,000, 66 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of office spaces in Michigan over the last 24 months is $61.
|Values and sold prices (last 24 months)||United States||Michigan|
|Average sold price||$3,976,852||$424,309|
|Median sold price||$359,771||$189,431|
|Number of sales||77,772||771|
|Number of sales over $250k||47,159||313|
|Number of sales over $1m||20,452||66|
|Number of sales over $10m||4,218||--|
|Average total tax amount||$34,152||$16,315|
|Average assessed value||$1,536,280||$332,465|
|Average market value||$1,765,257||$643,895|
Michigan office space property averages
The average lot size of office spaces in Michigan is 26,418 sf. This is 41% above the United States average. The average building area is 44 sf and the median year built is 1977.
|Property averages||United States||Michigan|
|Average lot size||497,917 sf||2,606,433 sf|
|Median lot size||17,259 sf||26,418 sf|
|Average building area||1,112 sf||84 sf|
|Median building area||85 sf||44 sf|
|Median year built||1983||1977|
|Average number of units||31||10|
|Median number of units||4||4|
Michigan office space total supply
There are 11,768 office spaces in Michigan. This is 194% below the United States average. The total acerage is 532,294 acres and the aggregate building area for office spaces in Michigan is 463,511 sf.
|Number of parcels||918,282||11,768|
|Aggregate lot acerage||9,447,797||532,294|
|Aggregate building area||494,643,255 sf||463,511 sf|
Michigan office space industrial mortgages
There are 13,844 mortgages for office spaces across Michigan in the Reonomy database. The average value of those mortgages is $12,911,409. This is 48% above the United States average.
|Number of mortgages||1,506,612||13,844|
|Average value of mortgages||$7,860,223||$12,911,409|