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 $1,631,422. Office space sale prices in Minnesota have a median of $279,245. The last 24 months of sales history has seen 1,033 sales, with 544 sales greater than $250,000, 239 sales valued at over $1,000,000, and 59 sales valued at over $10,000,000. The average price per square foot of office spaces in Minnesota over the last 24 months is $72.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $2,281 $267
Median price/sqft $110 $72
Average sold price $3,853,072 $3,217,503
Median sold price $359,424 $279,245
Number of sales 76,559 1,033
Number of sales over $250k 46,417 544
Number of sales over $1m 20,156 239
Number of sales over $10m 4,122 59
Average total tax amount $34,047 $56,646
Average assessed value $1,513,937 $1,631,422
Average market value $1,756,684 $1,633,789

Minnesota office space property averages

The average lot size of office spaces in Minnesota is 15,289 sf. This is 11% below the United States average. The average building area is 60 sf and the median year built is 1980.

Property averages United States Minnesota
Average lot size 492,169 sf 97,950 sf
Median lot size 17,189 sf 15,289 sf
Average building area 1,115 sf 134 sf
Median building area 85 sf 60 sf
Median year built 1982 1980
Average number of units 30 38
Median number of units 4 8

Minnesota office space total supply

There are 10,339 office spaces in Minnesota. This is 195% below the United States average. The total acerage is 14,512 acres and the aggregate building area for office spaces in Minnesota is 758,943 sf.

Supply United States Minnesota
Number of parcels 915,737 10,339
Aggregate lot acerage 9,306,160 14,512
Aggregate building area 490,753,018 sf 758,943 sf
Aggregate units 9,737,375 67,257

Minnesota office space industrial mortgages

There are 10,499 mortgages for office spaces across Minnesota in the Reonomy database. The average value of those mortgages is $5,389,419. This is 37% below the United States average.

Debt United States Minnesota
Number of mortgages 1,482,839 10,499
Average value of mortgages $7,882,079 $5,389,419

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