Commercial Real Estate in New Market | Reonomy

Commercial Real Estate in New Market

Unlock property data on 715 commercial properties in New Market. Search through New Market property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of New Market commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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New Market commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Alabama New Market
Average price/sqft -- -- --
Average sold price $716,566 $446,258 $271,935
Median sold price $116,014 $93,777 $186,556
Number of sales 4,836,629 64,868 174
Number of sales over $250k 1,663,908 17,204 45
Number of sales over $1m 353,015 3,444 3
Number of sales over $10m 48,883 331 --
Average total tax amount $5,977 $1,537 $236
Average assessed value $232,587 $32,264 $6,788
Average market value $312,081 $183,078 $50,940

New Market commercial real estate property averages

Property averages United States Alabama New Market
Average lot size 825,307 sf 2,311,200 sf 304,017 sf
Median lot size 24,709 sf 43,560 sf 43,560 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1988 1997
Average number of units 24 35 3
Median number of units 2 5 2

New Market commercial real estate total supply

Supply United States Alabama New Market
Number of parcels 204,881,895 1,122,649 749
Aggregate lot acerage 837,446,945 18,097,016 2,749
Aggregate building area -- -- --
Aggregate units 141,965,361 703,158 54

New Market commercial real estate industrial mortgages

Debt United States Alabama New Market
Number of mortgages 44,335,641 205,235 561
Average value of mortgages $5,487,146 $4,311,443 $1,962,907

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