6 Best commercial real estate databases & data ‍sources in 2024

The following list of the best commercial real estate databases includes the best deal-predictive intelligence, lead filtering, and niche and tools and services to strengthen your business. 

Professionals working with commercial properties can use commercial real estate data to acquire market knowledge and generate client and listing leads. The following six best commercial real estate databases were evaluated and shrunk based on reviews above pricing, data sources’ quality, researchabilities, customer reviews, and efficiency.

Commercial Real Estate Databases

what exactly is a commercial real estate database?

Data that are associated with properties used for business activities are called commercial real estate data. The data encompass such aspects as office buildings, retail spaces, and industriousness. It includes a description of characteristics, market trends, rental returns and revenues, occupancy and other usage, and sales transactions, among others. 

Institutional and retail investors, developers, commercial property brokers, and real estate professionals use this information. These include purchasing, promoting, and lending decision-makers, who frequently rely on commercial property valuation and financial feasibility assessment.

Database

Start

Jump Link

Visit This

reonomy logo

Start $49

Free Trial- 7 days

creco logo

Start $14.99

Free Trial- ✕

prospectnow logo

Start $119

Free Trial– 3 days

msci logo

Start $99

Free Trial– ✓

cimls logo

Start – Free plan

costar logo

Start- $466

Free Trial– ✕

1. Reonomy

Best for predictive analytics

Reonomy is a commercial property database designed to provide information about the mortgage, lender, tenants and occupants, and contact information. In addition, this database is integrated with client relationship management software and uses AI and ML to calculate deal probability across whole markets. 

Reonomy gets data from actual customers, unique partners, such as over 3,100 local county assessors, census data, secretary of state, title companies, and geospatial providers. Reonomy could be improved by offering to develop a mobile app and 24/7 customer support.

  • Artificial intelligence (AI) tool integration
  • 200+ search filters
  • Easy-to-use interface
  • No mobile app
  • Costs can add up for teams
  • Currently Customer service is not available 24/7

Detailed search filters: Search properties and owners by important filters such as origination date, loan amount, owner portfolio.
Custom data feeds: Responsive customized data and reports to keep you updated of commercial transactions in your local market.
Outreach tools: Ownership details and contact information that enables you to contact potential leads in an efficient way.
Customer support: phone, email, and live chat during business hours.

Reonomy is a top commercial real estate data company that provides extensive tools and advanced technology to its customers. The platform has a high caliber customer review rating of 4.3/5; for the most part, people like the simple to-utilize the interface and the capacity to find the specific property subtleties easily. There are still a few complaints about usefulness crevasses, like search channels that need some work or mistaken contact data on properties. If you need a solution to your commercial real estate ownership database alternative, try CoStar. CoStar is renowned for its highly accurate databases.

  • Free trial: 7 days
  • Individual accounts: $49 per month

2. CRE Collaborative

Best for commercial real estate Data Aggregating & Marketing

CRE Collaborative is a multifaceted commercial property database design to deliver real estate data, professional networks, and technology services. In other words, it is a CRE data aggregator that guarantees you are getting the right information. 

You can leverage that data in your marketing for commercial client services and contact with qualified real estate business partners. It provides marketing and technology advisors, ozone and acclaim property searches, open and advertise properties booking, and more. 

Nevertheless, It lacks important data like transaction history, mortgage and lender and occupant or tenant.

  • A single dashboard containing all commercial real estate data.
  • Concierge service for setup.
  • Social media tools and integrations.
  • No transaction history.
  • No mobile app.
  • Information details and lack of technology.

Free review for professionals: No-obligation review of your company technology and data.
All-in-one tools: Branding, social media marketing, networking with professionals, and finding and analyzing properties.
Additional partnerships: I need to add that I received the opportunity to use QuantumListing, Zip Analyser, and Landchecks with a premium membership. This entails extending your data and your ability to handle it through data-mapping systems and others for zoning, environment, and foreclosure data. Users also access QuantumListing, Zip Analyser, and Landchecks as the premium membership. This extend the user knowledge about data and the ability to handle and manipulate data through the provided data-mapping systems.
Customer support: Extending Via phone or mail, customer service include a detailed section of FAQs along with tutorials for both new users and existing users.

Regrettably, there are very minimal third-party online CRE Collaborative customer reviews. The existing ones are overwhelmingly positive, with a score of 5 out of 5. Customers enjoy the convenience of using a single platform to keep organized all data and efficiently market their properties. Therefore, if you need a platform that does more property details and more comprehensive market data Real Capital Analytics has the most profound analytics and reporting.

  • Starter plan: $14.99 per user.
  • Premium: $59.99 per user.

3. ProspectNow

Best for Property Ownership Details

ProspectNow is a platform that assists agents and investors in locating ownership details for their residential and commercial properties. It offers reliable and comprehensive ownership details for single-family, multi-family, apartments, and industrial and other commercial property. 

Acquisition of correct and detailed ownership records, makes contacting owners and creating new leads relatively convenient. Moreover, it employs AI and predictive analytics to determine which properties are most likely to sell in the next twelve months. Nonetheless, ProspectNow could become more customer-friendly by providing mobile software, real-time chat facilities, and 24/7 customer service.

  • The use of predictive analytics identifies potential deals.
  • Detailed owner contact information.
  • Included are sales comps and multiple listing service (MLS) data.
  • No mobile app.
  • No live chat support 24/7
  • There are no multiple property types like other platforms.

commercial property data: 42 million + commercial real estate property.
Return on investment (ROI) calculator: The ROI calculator explains how much money ProspectNow can make in your business.
Property and financial details: Includes information use, purchase date and price, and loan provider
Task management tools: Track appointments and tasks. Add notes to properties and owners within the platform.
Customer support: Live chat, email, and phone support are all available.

Given the small number of ratings, 4.3 out of 5 is excellent. Users say that the interface is straightforward, and everything is conveniently available on one screen, allowing tasks to be completed faster. They also write that it is excellent in comparison with the analog. They deemed it both a handy and affordable option in the commercial property owner database category. However, not the best comment concerns the credit system and the need to limit the number of searches per month and manage the pipeline.

  • Free trial: 3 days.
  • Residential: $119 per user.

4. Real Capital Analytics

Best for CRE Investing, Transactions

It is essential to mention that Real Capital Analytics is an amazing platform for CRE investors that offer critical market information about such faster-moving sectors as key players, transactions, investors, current deals, past transactions, and market dynamics. In other words, it is possible to search for market transactions and explore additional background about each of the individual investor parties for such deals. 

The areas that could benefit from being implemented are CRM integration – for instance, the organization of databases in customer relationships programs – and live chat capabilities.

  • Mobile app.
  • Free trial.
  • In-depth information Provides comprehensive property and market data.
  • No CRM integration.
  • No live chat support.
  • pricing is quite expensive.

Delivery: Deliver and access all the data on a desktop, snowflake, mobile, or in email alerts.
Market analysis: Real-time custom market reports detailing pricing, volumes, and yields
Transactions: Platform provides a complete view of the market, totalling$42 trillion of capital markets transactions, including sales, financings, refinancings, construction, and mortgage debt.
Registered Properties module: Get an opportunity to fully explore the inventory of commercial objects—50MM+ assets in the US and 5MM+ leaseholds in the UK.

Real Capital Analytics received a customer rating of 3.4 out of 5 for its data and resources being all-encompassing. Besides, clients have the luxury of an easy-to-access mobile application that lets them view their accounts whenever and wherever. Users appreciate the free trial as it allows potential users to try out Real Capital Analytics to decide for themselves. 

Nevertheless, clients are disappointed in the UI and admitted it should be updated and complain that they have to update it themselves as it obstructs their usage and operation of it. Furthermore, Real Capital Analytics lacks a built-in CRM and live chat in comparison to CRE Collaborative.

  • Basic: $99
  • Pro: $199
  • Enterprise: Custom pricing

5. CIMLS - Commercial Real Estate Database

Best for Free Property Search Tools

CIMLS is a commercial real estate database, that connects investors, tenants or owners, with a real estate professional, and assists users in searching for commercial properties for sale or lease and sales comps based on a specific property for free. It is a wonderful place where you can add listings and be found by potential renters and clients in your area. 

A commercial real estate database grants you with a wide range of searches, including by a city, property type, keywords, price range, and square footage. But CIMLS could improve its services by adding CRM integration and providing all-encompassing property and market data.

  • Free to access.
  • Search commercial real estate databases across.
  • Find a commercial real estate professional.
  • Limited property owner data.
  • Limited market data.
  • Lacks built-in CRM.

Easy-to-use interface: A simple database that has clear menus for property searches, locations, professionals, and comps.
Extensive search features: Search filters to find properties, professionals, and comps easily
Free property listings: Post your commercial real estate property with an account. It is easy and free to do.
Customer support: Available by phone and email during business hours.

While there are no credible online reviews about CIMLS, this platform is straightforward and intuitive to use, and its client support team is prompt and attentive to customers’ needs. Given that the platform is free to use, there is no risk in creating an account and looking through the offered properties and professionals before providing any of own information. Nevertheless, the available property data and analytics are minimal when compared with such other commercial lease databases as ProspectNow and Reonomy. Therefore, it is recommended to use CIMLS in combination with another source of commercial real estate data.

  • Basic plan: Free
  • Gold membership: $20

6. CoStar - Commercial Real Estate Database

Best for Commercial Real Estate Database and In-depth Reporting Tools

CoStar is a commercial real estate information and analytics provider, and it has tools for all types of different audiences. Its tools enable users to easily construct financial models, create custom reports, and explore deep data around the world. CoStar provides some of the most elaborate information as well as platform reporting that is easily understood. 

Users can view aerial and map overlays, forecasts provided by regional commercial professionals, and charts of market and submarket patterns. The system can be enhanced by implementing a free trial.

  • Advisory services.
  • Easy-to-use platform.
  • Most expensive database.
  • No free plan or trial.
  • There is no support for live chat, and 24/7 customer service.

Variety of products: Commercial properties, comps, tenants and risk. Analysis, analytics, news, and advanced reporting.
Real Estate Manager: A combination of management software, analytics, and data about the market.
Reporting and analytics: Extensive reporting tools, construction, loan and financials, and real estate market data

With a score of 4.4 out of 5 from customer reviews, CoStar also has positive customer feedback, albeit somewhat mixed. Some users explain that the platform is easy for generating and analyzing comprehensive data to that end. They add that customer support is quick, useful, and friendly as well. Negatively, however, some reviewers find the data irregular and sporadically inaccurate, and some cannot justify the value with the pricing. ProspectNow can act as an inexpensive, comparable database.With a score of 4.4 out of 5 from customer reviews, CoStar also has positive customer feedback, albeit somewhat mixed. Some users explain that the platform is easy for generating and analyzing comprehensive data to that end. They add that customer support is quick, useful, and friendly as well. Negatively, however, some reviewers find the data irregular and sporadically inaccurate, and some cannot justify the value with the pricing. ProspectNow can act as an inexpensive, comparable database.

  • CoStar starts at $466

Our Evaluation: Commercial Real Estate Database

To sum it up, as an investment in real estate demands more detailed information about properties and financial aspects to make the right decisions, we meticulously ensured each platform review, based on core features that every professional should expect, such as detailed property information, CRM software integration, optimal usability, and user reviews. 

Overall, given the above evaluation, I can assure you that our recommendation perfectly matches your needs. Consequently, all our review criteria have positioned Reonomy as the best commercial property database in the market due to its advanced technology, predictive accuracy, extreme connivance, and usability. 

With over 50 million commercial properties, Reonomy is the best choice in terms of available data volume and accuracy. Undeniably, all professionals that are the best on how to prospect real estate leads would benefit from this platform.

Conclusion

Commercial real estate professionals have different needs when it comes to commercial real estate data providers. These data providers need to ensure that the property and market data they offer are accurate and that the data is up to date. 

Additionally, they should provide data interpretation tools, including data visualization predictive models, and algorithms that enable the professionals to draw new conclusions from the given datasets and identify market trends and future investment opportunities. 

Such CRE data providers help to make informed decisions, giving their users a competitive edge.

Don't forget to share this post

Related Articles

What is Real Estate Finance

What is Real Estate Finance?

Successfully purchasing a residence or investing in commercial real estate requires a solid understanding of real estate finance. This vibrant and challenging field involves the

Read More