Commercial real estate in Marengo County
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Marengo County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Marengo County is $26,537.
|Values and sold prices (last 24 months)||United States||Alabama||Marengo County|
|Average sold price||$1,118,542||$673,527||--|
|Median sold price||$196,083||$100,700||--|
|Number of sales||3,934,359||63,321||--|
|Number of sales over $250k||1,663,881||17,102||--|
|Number of sales over $1m||387,932||4,096||--|
|Number of sales over $10m||55,602||703||--|
|Average total tax amount||$9,232||$1,694||$1,258|
|Average assessed value||$312,101||$33,060||$26,537|
|Average market value||$400,634||$191,160||$164,638|
Marengo County commercial real estate property averages
The average lot size of commercial real estate properties in Marengo County is 435,600 sf. This is 165% above the Alabama average.
|Property averages||United States||Alabama||Marengo County|
|Average lot size||816,803 sf||2,275,888 sf||1,598,328 sf|
|Median lot size||24,448 sf||41,229 sf||435,600 sf|
|Average building area||1,134 sf||175 sf||5 sf|
|Median building area||76 sf||40 sf||--|
|Median year built||1970||1986||1976|
|Average number of units||16||33||2|
|Median number of units||2||5||2|
Marengo County commercial real estate total supply
There are 6,820 commercial real estate properties in Marengo County. This is 197% below the Alabama average. The total acerage is 9,870 acres and the aggregate building area for commercial real estate properties in Marengo County is 472 sf.
|Supply||United States||Alabama||Marengo County|
|Number of parcels||58,091,739||1,099,616||6,820|
|Aggregate lot acerage||976,485,427||16,629,480||9,870|
|Aggregate building area||8,209,502,265 sf||13,011,306 sf||472 sf|
Marengo County commercial real estate industrial mortgages
|Debt||United States||Alabama||Marengo County|
|Number of mortgages||40,876,180||189,923||--|
|Average value of mortgages||$5,210,547||$3,511,873||--|