Office Spaces in Michigan | Reonomy

Office Spaces in Michigan

Unlock property data on all 15,816 office spaces in Michigan. Search across 83 counties to find the Michigan property records you need, and get in touch with Office Space owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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Popular searches around Michigan

Reonomy attracts a large community of Michigan commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in office spaces.

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Michigan office space sold prices and values

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $2,111 $3,849
Average sold price $3,917,296 $527,788
Median sold price $356,131 $171,033
Number of sales 68,438 894
Number of sales over $250k 41,257 340
Number of sales over $1m 17,808 89
Number of sales over $10m 3,540 --
Average total tax amount $34,059 $12,930
Average assessed value $1,549,695 $267,333
Average market value $1,934,536 $522,476

Michigan office space property averages

Property averages United States Michigan
Average lot size 483,603 sf 1,989,998 sf
Median lot size 17,229 sf 19,838 sf
Average building area 1,096 sf 79 sf
Median building area 85 sf 38 sf
Median year built 1983 1968
Average number of units 32 12
Median number of units 4 3

Michigan office space total supply

Supply United States Michigan
Number of parcels 925,569 15,847
Aggregate lot acerage 9,210,685 582,619
Aggregate building area 492,222,617 sf 579,478 sf
Aggregate units 10,278,973 50,798

Michigan office space industrial mortgages

Debt United States Michigan
Number of mortgages 1,530,243 15,897
Average value of mortgages $7,880,696 $15,527,160

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