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 $1,514,674. Office space sale prices in Minnesota have a median of $283,697. The last 24 months of sales history has seen 962 sales, with 512 sales greater than $250,000, 202 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 $1,266 $125
Median price/sqft $111 $71
Average sold price $4,076,444 $2,485,265
Median sold price $361,911 $283,697
Number of sales 77,344 962
Number of sales over $250k 47,107 512
Number of sales over $1m 20,539 202
Number of sales over $10m 4,253 34
Average total tax amount $37,001 $54,515
Average assessed value $1,479,681 $1,514,674
Average market value $1,496,828 $1,536,994

Minnesota office space property averages

The average lot size of office spaces in Minnesota is 15,010 sf. This is 13% below the United States average. The average building area is 58 sf and the median year built is 1980.

Property averages United States Minnesota
Average lot size 480,933 sf 97,936 sf
Median lot size 17,137 sf 15,010 sf
Average building area 953 sf 108 sf
Median building area 84 sf 58 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 13,984 acres and the aggregate building area for office spaces in Minnesota is 580,882 sf.

Supply United States Minnesota
Number of parcels 917,404 10,063
Aggregate lot acerage 9,904,025 13,984
Aggregate building area 419,989,284 sf 580,882 sf
Aggregate units 9,063,371 67,078

Minnesota office space industrial mortgages

There are 10,246 mortgages for office spaces across Minnesota in the Reonomy database. The average value of those mortgages is $5,424,991. This is 38% below the United States average.

Debt United States Minnesota
Number of mortgages 1,422,215 10,246
Average value of mortgages $8,014,921 $5,424,991

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