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 $315,213. Warehouse sale prices in Michigan have a median of $200,000. The last 24 months of sales history has seen 222 sales, with 98 sales greater than $250,000, 14 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 $28.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $693 $52
Median price/sqft $57 $28
Average sold price $3,015,221 $332,475
Median sold price $446,130 $200,000
Number of sales 31,397 222
Number of sales over $250k 19,817 98
Number of sales over $1m 10,334 14
Number of sales over $10m 1,810 --
Average total tax amount $22,105 $15,453
Average assessed value $957,678 $315,213
Average market value $1,060,899 $630,207

Michigan warehouse property averages

The average lot size of warehouses in Michigan is 51,528 sf. This is 19% above the United States average. The average building area is 16 sf and the median year built is 1977.

Property averages United States Michigan
Average lot size 268,776 sf 431,591 sf
Median lot size 42,301 sf 51,528 sf
Average building area 1,010 sf 37 sf
Median building area 32 sf 16 sf
Median year built 1980 1977
Average number of units 10 3
Median number of units -- --

Michigan warehouse total supply

There are 3,985 warehouses in Michigan. This is 196% below the United States average. The total acerage is 31,429 acres and the aggregate building area for warehouses in Michigan is 70,492 sf.

Supply United States Michigan
Number of parcels 424,657 3,985
Aggregate lot acerage 4,748,888 31,429
Aggregate building area 194,054,949 sf 70,492 sf
Aggregate units 826,149 4,556

Michigan warehouse industrial mortgages

There are 4,020 mortgages for warehouses across Michigan in the Reonomy database. The average value of those mortgages is $93,826,270. This is 157% above the United States average.

Debt United States Michigan
Number of mortgages 661,124 4,020
Average value of mortgages $11,095,707 $93,826,270

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