Warehouse in Michigan

Search warehouse 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.

Popular searches around Michigan

Reonomy operates the most comprehensive database for Michigan Warehouse 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 Warehouse.

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Michigan warehouse sold prices and values

The average assessed value of warehouses in Michigan is $140,578. Warehouse sale prices in Michigan have a median of $140,000. The last 24 months of sales history has seen 3 sales, with 0 sales greater than $250,000, 0 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of warehouses in Michigan over the last 24 months is $47.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $12,486 $56
Median price/sqft $55 $47
Average sold price $2,564,887 $310,000
Median sold price $215,000 $140,000
Number of sales 398 3
Number of sales over $250k 182 --
Number of sales over $1m 65 --
Number of sales over $10m 6 --
Average total tax amount $14,560 $18,145
Average assessed value $499,626 $140,578
Average market value $554,388 $281,157

Michigan warehouse property averages

The average lot size of warehouses in Michigan is 43,560 sf. This is 26% below the United States average. The average building area is 15 sf and the median year built is 1960.

Property averages United States Michigan
Average lot size 591,408 sf 197,963 sf
Median lot size 56,999 sf 43,560 sf
Average building area 855 sf 42 sf
Median building area 22 sf 15 sf
Median year built 1984 1960
Average number of units 6 108
Median number of units -- 10

Michigan warehouse total supply

There are 286 warehouses in Michigan. This is 193% below the United States average. The total acerage is 640 acres and the aggregate building area for warehouses in Michigan is 5,882 sf.

Supply United States Michigan
Number of parcels 16,702 286
Aggregate lot acerage 75,051 640
Aggregate building area 4,733,477 sf 5,882 sf
Aggregate units 9,049 435

Michigan warehouse industrial mortgages

There are 24 mortgages for warehouses across Michigan in the Reonomy database. The average value of those mortgages is $1,218,019. This is 17% below the United States average.

Debt United States Michigan
Number of mortgages 1,217 24
Average value of mortgages $1,453,137 $1,218,019

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