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 $308,268. Warehouse sale prices in Michigan have a median of $170,000. The last 24 months of sales history has seen 400 sales, with 161 sales greater than $250,000, 36 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 $25.

Values and sold prices (last 24 months) United States Michigan
Average price/sqft $266 $58
Median price/sqft $57 $25
Average sold price $2,989,483 $379,196
Median sold price $449,608 $170,000
Number of sales 31,347 400
Number of sales over $250k 19,869 161
Number of sales over $1m 10,377 36
Number of sales over $10m 1,772 --
Average total tax amount $21,893 $13,668
Average assessed value $956,371 $308,268
Average market value $1,056,326 $616,429

Michigan warehouse property averages

The average lot size of warehouses in Michigan is 43,474 sf. This is 1% above the United States average. The average building area is 15 sf and the median year built is 1969.

Property averages United States Michigan
Average lot size 270,940 sf 306,912 sf
Median lot size 42,900 sf 43,474 sf
Average building area 963 sf 39 sf
Median building area 32 sf 15 sf
Median year built 1981 1969
Average number of units 10 3
Median number of units -- --

Michigan warehouse total supply

There are 6,480 warehouses in Michigan. This is 193% below the United States average. The total acerage is 36,038 acres and the aggregate building area for warehouses in Michigan is 120,599 sf.

Supply United States Michigan
Number of parcels 420,609 6,480
Aggregate lot acerage 4,789,851 36,038
Aggregate building area 182,512,145 sf 120,599 sf
Aggregate units 804,887 4,038

Michigan warehouse industrial mortgages

There are 6,078 mortgages for warehouses across Michigan in the Reonomy database. The average value of those mortgages is $84,535,420. This is 153% above the United States average.

Debt United States Michigan
Number of mortgages 650,994 6,078
Average value of mortgages $11,228,470 $84,535,420

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