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 $15,994. Commercial real estate sale prices in Arab have a median of $30,000. The last 24 months of sales history has seen 380 sales, with 40 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 $23.

Values and sold prices (last 24 months) United States Alabama Arab
Average price/sqft $1,344 $148 $74
Median price/sqft $115 $61 $23
Average sold price $1,162,392 $617,309 $327,264
Median sold price $191,998 $96,529 $30,000
Number of sales 3,863,764 65,332 380
Number of sales over $250k 1,613,612 17,116 40
Number of sales over $1m 389,810 4,077 8
Number of sales over $10m 58,005 690 --
Average total tax amount $5,906 $1,682 $611
Average assessed value $273,998 $32,604 $15,994
Average market value $321,055 $189,181 $90,952

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 819,071 sf 2,306,220 sf 264,945 sf
Median lot size 24,648 sf 40,780 sf 43,560 sf
Average building area 1,164 sf 145 sf 242 sf
Median building area 73 sf 39 sf 22 sf
Median year built 1970 1986 1987
Average number of units 16 33 7
Median number of units 2 5 2

Arab commercial real estate total supply

There are 4,460 commercial real estate properties in Arab. This is 198% below the Alabama average. The total acerage is 16,446 acres and the aggregate building area for commercial real estate properties in Arab is 96,187 sf.

Supply United States Alabama Arab
Number of parcels 57,284,908 1,092,915 4,460
Aggregate lot acerage 882,572,415 16,211,991 16,446
Aggregate building area 8,038,749,161 sf 10,282,977 sf 96,187 sf
Aggregate units 87,803,046 551,483 215

Arab commercial real estate industrial mortgages

There are 792 mortgages for commercial real estate properties across Arab in the Reonomy database. The average value of those mortgages is $2,273,819. This is 41% below the Alabama average.

Debt United States Alabama Arab
Number of mortgages 38,333,456 173,612 792
Average value of mortgages $5,270,760 $3,478,775 $2,273,819

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