Commercial real estate in Fayette County
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Reonomy operates the most comprehensive database for Fayette County 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 Fayette County commercial real estate professionals. Members from Fayette County include brokers, investors and service providers, many of whom specialize in Fayette County Commercial Real Estate.
Fayette County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Fayette County is $4,425. Commercial real estate sale prices in Fayette County have a median of $18,000. The last 24 months of sales history has seen 5 sales, with 0 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 Fayette County over the last 24 months is $1.
|Values and sold prices (last 24 months)||United States||Alabama||Fayette County|
|Average sold price||$1,215,213||$588,400||$69,190|
|Median sold price||$186,304||$93,032||$18,000|
|Number of sales||2,886,754||49,205||5|
|Number of sales over $250k||1,202,594||12,495||--|
|Number of sales over $1m||323,569||2,931||--|
|Number of sales over $10m||49,909||394||--|
|Average total tax amount||$6,520||$1,604||$143|
|Average assessed value||$288,098||$31,673||$4,425|
|Average market value||$329,971||$170,436||$33,313|
Fayette County commercial real estate property averages
The average lot size of commercial real estate properties in Fayette County is 217,800 sf. This is 133% above the Alabama average.
|Property averages||United States||Alabama||Fayette County|
|Average lot size||841,144 sf||2,454,082 sf||773,844 sf|
|Median lot size||25,552 sf||43,560 sf||217,800 sf|
|Average building area||1,521 sf||164 sf||23 sf|
|Median building area||59 sf||28 sf||13 sf|
|Median year built||1964||1984||1966|
|Average number of units||20||29||--|
|Median number of units||2||6||--|
Fayette County commercial real estate total supply
There are 13,862 commercial real estate properties in Fayette County. This is 195% below the Alabama average. The total acerage is 5,613 acres and the aggregate building area for commercial real estate properties in Fayette County is 930 sf.
|Supply||United States||Alabama||Fayette County|
|Number of parcels||51,092,560||1,186,334||13,862|
|Aggregate lot acerage||616,568,166||15,013,229||5,613|
|Aggregate building area||7,966,355,086 sf||8,320,296 sf||930 sf|
Fayette County commercial real estate industrial mortgages
|Debt||United States||Alabama||Fayette County|
|Number of mortgages||15,805,722||65,501||--|
|Average value of mortgages||$8,744,434||$5,313,583||--|