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 $16,236. Commercial real estate sale prices in Arab have a median of $39,750. The last 24 months of sales history has seen 394 sales, with 42 sales greater than $250,000, 8 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 $33.

Values and sold prices (last 24 months) United States Alabama Arab
Average price/sqft $1,330 $157 $77
Median price/sqft $117 $58 $33
Average sold price $1,135,318 $638,337 $326,923
Median sold price $196,105 $100,113 $39,750
Number of sales 3,869,903 63,417 394
Number of sales over $250k 1,636,202 17,094 42
Number of sales over $1m 384,130 4,116 8
Number of sales over $10m 55,628 706 --
Average total tax amount $5,974 $1,702 $623
Average assessed value $307,763 $33,098 $16,236
Average market value $389,458 $191,618 $92,310

Arab commercial real estate property averages

The average lot size of commercial real estate properties in Arab is 43,560 sf. This is 6% above the Alabama average.

Property averages United States Alabama Arab
Average lot size 818,509 sf 2,287,712 sf 264,919 sf
Median lot size 24,527 sf 40,897 sf 43,560 sf
Average building area 1,113 sf 171 sf 264 sf
Median building area 75 sf 39 sf 25 sf
Median year built 1970 1986 1987
Average number of units 16 33 7
Median number of units 2 4 2

Arab commercial real estate total supply

There are 4,465 commercial real estate properties in Arab. This is 198% below the Alabama average. The total acerage is 16,633 acres and the aggregate building area for commercial real estate properties in Arab is 95,255 sf.

Supply United States Alabama Arab
Number of parcels 57,794,383 1,099,184 4,465
Aggregate lot acerage 971,055,037 16,542,842 16,633
Aggregate building area 7,965,114,869 sf 12,360,837 sf 95,255 sf
Aggregate units 87,826,320 558,030 215

Arab commercial real estate industrial mortgages

There are 846 mortgages for commercial real estate properties across Arab in the Reonomy database. The average value of those mortgages is $2,145,368. This is 48% below the Alabama average.

Debt United States Alabama Arab
Number of mortgages 40,595,359 187,343 846
Average value of mortgages $5,215,187 $3,522,361 $2,145,368

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