Commercial real estate in Addison
Search commercial real estate records in Addison 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 Addison 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 Addison 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 Addison commercial real estate professionals. Members from Addison include brokers, investors and service providers, many of whom specialize in Addison Commercial Real Estate.
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Addison commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Addison is $6,106. Commercial real estate sale prices in Addison have a median of $68,500. The last 24 months of sales history has seen 22 sales, with 3 sales greater than $250,000, 0 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 Addison over the last 24 months is $30.
| Values and sold prices (last 24 months) | United States | Alabama | Addison |
|---|---|---|---|
| Average price/sqft | $1,487 | $177 | $27 |
| Median price/sqft | $101 | $43 | $30 |
| Average sold price | $1,190,870 | $595,923 | $98,686 |
| Median sold price | $190,251 | $95,757 | $68,500 |
| Number of sales | 3,017,432 | 50,127 | 22 |
| Number of sales over $250k | 1,271,384 | 12,792 | 3 |
| Number of sales over $1m | 333,285 | 2,962 | -- |
| Number of sales over $10m | 50,330 | 403 | -- |
| Average total tax amount | $6,485 | $1,574 | $138 |
| Average assessed value | $294,387 | $31,222 | $6,106 |
| Average market value | $346,180 | $171,176 | $47,271 |
Addison commercial real estate property averages
The average lot size of commercial real estate properties in Addison is 313,632 sf. This is 151% above the Alabama average.
| Property averages | United States | Alabama | Addison |
|---|---|---|---|
| Average lot size | 837,093 sf | 2,404,844 sf | 738,802 sf |
| Median lot size | 25,591 sf | 43,560 sf | 313,632 sf |
| Average building area | 1,314 sf | 160 sf | 26 sf |
| Median building area | 60 sf | 28 sf | 25 sf |
| Median year built | 1964 | 1984 | 1983 |
| Average number of units | 21 | 40 | -- |
| Median number of units | 2 | 8 | -- |
Addison commercial real estate total supply
There are 1,115 commercial real estate properties in Addison. This is 199% below the Alabama average. The total acerage is 1,204 acres and the aggregate building area for commercial real estate properties in Addison is 347 sf.
| Supply | United States | Alabama | Addison |
|---|---|---|---|
| Number of parcels | 51,649,673 | 1,225,913 | 1,115 |
| Aggregate lot acerage | 684,518,718 | 15,343,902 | 1,204 |
| Aggregate building area | 7,014,588,098 sf | 8,369,385 sf | 347 sf |
| Aggregate units | 92,543,308 | 584,931 | -- |
Addison commercial real estate industrial mortgages
There are 17 mortgages for commercial real estate properties across Addison in the Reonomy database. The average value of those mortgages is $132,544. This is 190% below the Alabama average.
| Debt | United States | Alabama | Addison |
|---|---|---|---|
| Number of mortgages | 16,072,153 | 67,215 | 17 |
| Average value of mortgages | $8,735,955 | $5,286,549 | $132,544 |
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