Commercial real estate in Elmore County
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Reonomy operates the most comprehensive database for Elmore County 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 Elmore County commercial real estate professionals. Members from Elmore County include brokers, investors and service providers, many of whom specialize in Elmore County Commercial Real Estate.
Elmore County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Elmore County is $35,958. Commercial real estate sale prices in Elmore County have a median of $69,500. The last 24 months of sales history has seen 416 sales, with 58 sales greater than $250,000, 11 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 Elmore County over the last 24 months is $64.
|Values and sold prices (last 24 months)||United States||Alabama||Elmore County|
|Average sold price||$1,145,465||$717,228||$153,859|
|Median sold price||$181,136||$108,900||$69,500|
|Number of sales||2,604,484||39,127||416|
|Number of sales over $250k||1,064,359||10,258||58|
|Number of sales over $1m||276,912||2,423||11|
|Number of sales over $10m||42,225||419||--|
|Average total tax amount||$6,366||$1,995||$883|
|Average assessed value||$265,226||$38,358||$35,958|
|Average market value||$256,775||$196,140||$133,804|
Elmore County commercial real estate property averages
The average lot size of commercial real estate properties in Elmore County is 34,904 sf. This is 26% below the Alabama average.
|Property averages||United States||Alabama||Elmore County|
|Average lot size||901,197 sf||3,449,236 sf||214,783 sf|
|Median lot size||30,260 sf||45,433 sf||34,904 sf|
|Average building area||1,850 sf||177 sf||89 sf|
|Median building area||59 sf||28 sf||57 sf|
|Median year built||1964||1984||1995|
|Average number of units||18||30||89|
|Median number of units||2||6||99|
Elmore County commercial real estate total supply
There are 25,270 commercial real estate properties in Elmore County. This is 191% below the Alabama average. The total acerage is 4,659 acres and the aggregate building area for commercial real estate properties in Elmore County is 23,474 sf.
|Supply||United States||Alabama||Elmore County|
|Number of parcels||49,845,250||1,135,381||25,270|
|Aggregate lot acerage||588,024,638||16,208,203||4,659|
|Aggregate building area||7,521,926,002 sf||6,537,596 sf||23,474 sf|
Elmore County commercial real estate industrial mortgages
|Debt||United States||Alabama||Elmore County|
|Number of mortgages||22,265,835||115,381||--|
|Average value of mortgages||$5,727,098||$6,734,984||--|