Commercial real estate in Alabama
Search commercial real estate records in Alabama 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 Alabama 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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Popular searches around Alabama
Reonomy operates the most comprehensive database for Alabama 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 Alabama commercial real estate professionals. Members from Alabama include brokers, investors and service providers, many of whom specialize in Alabama Commercial Real Estate.
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Alabama commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Alabama is $32,604. Commercial real estate sale prices in Alabama have a median of $96,529. The last 24 months of sales history has seen 65,332 sales, with 17,116 sales greater than $250,000, 4,077 sales valued at over $1,000,000, and 690 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Alabama over the last 24 months is $61.
| Values and sold prices (last 24 months) | United States | Alabama |
|---|---|---|
| Average price/sqft | $1,344 | $148 |
| Median price/sqft | $115 | $61 |
| Average sold price | $1,162,392 | $617,309 |
| Median sold price | $191,998 | $96,529 |
| Number of sales | 3,863,764 | 65,332 |
| Number of sales over $250k | 1,613,612 | 17,116 |
| Number of sales over $1m | 389,810 | 4,077 |
| Number of sales over $10m | 58,005 | 690 |
| Average total tax amount | $5,906 | $1,682 |
| Average assessed value | $273,998 | $32,604 |
| Average market value | $321,055 | $189,181 |
Alabama commercial real estate property averages
The average lot size of commercial real estate properties in Alabama is 40,780 sf. This is 49% above the United States average.
| Property averages | United States | Alabama |
|---|---|---|
| Average lot size | 819,071 sf | 2,306,220 sf |
| Median lot size | 24,648 sf | 40,780 sf |
| Average building area | 1,164 sf | 145 sf |
| Median building area | 73 sf | 39 sf |
| Median year built | 1970 | 1986 |
| Average number of units | 16 | 33 |
| Median number of units | 2 | 5 |
Alabama commercial real estate total supply
There are 1,092,915 commercial real estate properties in Alabama. This is 192% below the United States average. The total acerage is 16,211,991 acres and the aggregate building area for commercial real estate properties in Alabama is 10,282,977 sf.
| Supply | United States | Alabama |
|---|---|---|
| Number of parcels | 57,284,908 | 1,092,915 |
| Aggregate lot acerage | 882,572,415 | 16,211,991 |
| Aggregate building area | 8,038,749,161 sf | 10,282,977 sf |
| Aggregate units | 87,803,046 | 551,483 |
Alabama commercial real estate industrial mortgages
There are 173,612 mortgages for commercial real estate properties across Alabama in the Reonomy database. The average value of those mortgages is $3,478,775. This is 40% below the United States average.
| Debt | United States | Alabama |
|---|---|---|
| Number of mortgages | 38,333,456 | 173,612 |
| Average value of mortgages | $5,270,760 | $3,478,775 |
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