Touching ungrounded wires is dangerous. If it is not grounded, it is not dead. Any further testing should be performed with equipment rated for full line voltage with the appropriate CAT rating.
There can be voltage induced by both inductive coupling and capacitive coupling. On utility transmission and distribution lines, it is common to thousands of volts on wire with no metallic ground connections, or 10s of amps of current induced on wires with grounds at each end of a long line. On ungrounded wires, it possible for capacitive coupling to cause the ungrounded wire to be at nearly full line potential.
Assuming the motors are operating at 208-480 volts, the measured values seem typical. The ungrounded wire behaves as a capacitive voltage divider between the energized wire and the nearest ground plain. Having the energized wire very close to the isolated wire or the ground very far from the wires will increase the voltage on the isolated wire.
In order to measure induced voltages, you would need to ground one end of the wire and the measure the voltage at the far end of the wire.
Inductive coupling will be proportional to the current flowing on energize wires, whereas capacitive coupling is independent of current flow.
This is a perfect example of why control wires are run separately from power conductors.