Commercial real estate in Arab

Search commercial real estate records in Arab 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 Arab 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.

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Reonomy operates the most comprehensive database for Arab Commercial Real Estate 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 Arab commercial real estate professionals. Members from Arab include brokers, investors and service providers, many of whom specialize in Arab Commercial Real Estate.

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Arab commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Arab is $19,289. Commercial real estate sale prices in Arab have a median of $71,425. The last 24 months of sales history has seen 118 sales, with 20 sales greater than $250,000, 5 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Arab over the last 24 months is $28.

Values and sold prices (last 24 months) United States Alabama Arab
Average price/sqft $1,678 $210 $66
Median price/sqft $101 $50 $28
Average sold price $1,145,465 $717,228 $447,431
Median sold price $181,163 $108,907 $71,425
Number of sales 2,604,484 39,127 118
Number of sales over $250k 1,064,359 10,258 20
Number of sales over $1m 276,912 2,423 5
Number of sales over $10m 42,225 419 --
Average total tax amount $6,366 $1,995 $914
Average assessed value $265,226 $38,358 $19,289
Average market value $256,775 $196,143 $118,659

Arab commercial real estate property averages

The average lot size of commercial real estate properties in Arab is 65,845 sf. This is 36% above the Alabama average.

Property averages United States Alabama Arab
Average lot size 901,197 sf 3,449,286 sf 280,979 sf
Median lot size 30,275 sf 45,409 sf 65,845 sf
Average building area 1,850 sf 177 sf 49 sf
Median building area 59 sf 28 sf 21 sf
Median year built 1964 1984 1984
Average number of units 18 30 19
Median number of units 2 6 16

Arab commercial real estate total supply

There are 3,868 commercial real estate properties in Arab. This is 198% below the Alabama average. The total acerage is 3,386 acres and the aggregate building area for commercial real estate properties in Arab is 7,246 sf.

Supply United States Alabama Arab
Number of parcels 49,845,250 1,135,381 3,868
Aggregate lot acerage 588,024,638 16,208,199 3,386
Aggregate building area 7,521,926,002 sf 6,537,596 sf 7,246 sf
Aggregate units 71,740,142 366,649 99

Arab commercial real estate industrial mortgages

There are 148 mortgages for commercial real estate properties across Arab in the Reonomy database. The average value of those mortgages is $1,319,469. This is 134% below the Alabama average.

Debt United States Alabama Arab
Number of mortgages 22,265,835 115,381 148
Average value of mortgages $5,727,098 $6,734,984 $1,319,469

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