Office space in Minnesota

Search office space records in Minnesota 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 Minnesota 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 Minnesota

Reonomy operates the most comprehensive database for Minnesota 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 Minnesota commercial real estate professionals. Members from Minnesota include brokers, investors and service providers, many of whom specialize in Minnesota Office Space.

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Minnesota office space sold prices and values

The average assessed value of office spaces in Minnesota is $1,537,293. Office space sale prices in Minnesota have a median of $268,937. The last 24 months of sales history has seen 927 sales, with 484 sales greater than $250,000, 195 sales valued at over $1,000,000, and 34 sales valued at over $10,000,000. The average price per square foot of office spaces in Minnesota over the last 24 months is $71.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $2,365 $122
Median price/sqft $110 $71
Average sold price $3,958,723 $2,525,213
Median sold price $357,842 $268,937
Number of sales 73,032 927
Number of sales over $250k 44,217 484
Number of sales over $1m 19,216 195
Number of sales over $10m 3,969 34
Average total tax amount $36,459 $54,337
Average assessed value $1,509,008 $1,537,293
Average market value $1,743,725 $1,557,596

Minnesota office space property averages

The average lot size of office spaces in Minnesota is 15,016 sf. This is 13% below the United States average. The average building area is 59 sf and the median year built is 1980.

Property averages United States Minnesota
Average lot size 480,584 sf 97,853 sf
Median lot size 17,135 sf 15,016 sf
Average building area 1,048 sf 108 sf
Median building area 84 sf 59 sf
Median year built 1983 1980
Average number of units 28 39
Median number of units 4 8

Minnesota office space total supply

There are 10,063 office spaces in Minnesota. This is 195% below the United States average. The total acerage is 13,990 acres and the aggregate building area for office spaces in Minnesota is 585,837 sf.

Supply United States Minnesota
Number of parcels 917,648 10,063
Aggregate lot acerage 9,904,202 13,990
Aggregate building area 460,294,400 sf 585,837 sf
Aggregate units 9,081,353 67,090

Minnesota office space industrial mortgages

There are 10,267 mortgages for office spaces across Minnesota in the Reonomy database. The average value of those mortgages is $5,415,221. This is 37% below the United States average.

Debt United States Minnesota
Number of mortgages 1,467,580 10,267
Average value of mortgages $7,903,229 $5,415,221

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