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 $16,696. Commercial real estate sale prices in Arab have a median of $40,000. The last 24 months of sales history has seen 234 sales, with 26 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 $1,504 $182 $57
Median price/sqft $101 $42 $33
Average sold price $1,208,179 $585,270 $261,491
Median sold price $192,330 $95,864 $40,000
Number of sales 2,773,382 45,329 234
Number of sales over $250k 1,175,770 11,546 26
Number of sales over $1m 307,158 2,645 8
Number of sales over $10m 46,620 344 --
Average total tax amount $6,485 $1,575 $637
Average assessed value $294,398 $31,225 $16,696
Average market value $346,187 $171,196 $98,989

Arab commercial real estate property averages

The average lot size of commercial real estate properties in Arab is 43,560 sf. This is 0% below the Alabama average.

Property averages United States Alabama Arab
Average lot size 837,124 sf 2,405,076 sf 241,668 sf
Median lot size 25,573 sf 43,560 sf 43,560 sf
Average building area 1,314 sf 160 sf 100 sf
Median building area 60 sf 28 sf 23 sf
Median year built 1964 1984 1989
Average number of units 21 40 24
Median number of units 2 8 14

Arab commercial real estate total supply

There are 3,871 commercial real estate properties in Arab. This is 198% below the Alabama average. The total acerage is 10,419 acres and the aggregate building area for commercial real estate properties in Arab is 22,547 sf.

Supply United States Alabama Arab
Number of parcels 51,649,673 1,225,913 3,871
Aggregate lot acerage 684,372,739 15,343,006 10,419
Aggregate building area 7,014,559,228 sf 8,369,385 sf 22,547 sf
Aggregate units 92,533,415 584,931 389

Arab commercial real estate industrial mortgages

There are 342 mortgages for commercial real estate properties across Arab in the Reonomy database. The average value of those mortgages is $4,828,209. This is 9% below the Alabama average.

Debt United States Alabama Arab
Number of mortgages 16,069,979 67,215 342
Average value of mortgages $8,736,706 $5,286,549 $4,828,209

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