Commercial Real Estate in Salem | Reonomy
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    Commercial Real Estate in Salem

    Unlock property data on 1,668 commercial properties in Salem. Search through Salem 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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    Salem commercial real estate sold prices and values

    Values and sold prices (last 24 months) United States Alabama Salem
    Average price/sqft -- -- --
    Average sold price $676,625 $1,159,126 $177,697
    Median sold price $122,750 $92,803 $121,262
    Number of sales 5,226,580 68,684 114
    Number of sales over $250k 1,832,668 18,378 33
    Number of sales over $1m 371,910 3,540 --
    Number of sales over $10m 52,007 395 --
    Average total tax amount $4,906 $1,574 $458
    Average assessed value $228,505 $32,509 $9,026
    Average market value $307,012 $183,631 $65,892

    Salem commercial real estate property averages

    Property averages United States Alabama Salem
    Average lot size 824,700 sf 2,305,373 sf 1,559,133 sf
    Median lot size 24,552 sf 43,559 sf 209,959 sf
    Average building area -- -- --
    Median building area -- -- --
    Median year built 1972 1987 1996
    Average number of units 18 34 3
    Median number of units 2 4 3

    Salem commercial real estate total supply

    Supply United States Alabama Salem
    Number of parcels 122,142,566 1,131,742 1,685
    Aggregate lot acerage 810,350,572 18,768,941 15,211
    Aggregate building area -- -- --
    Aggregate units 107,712,480 723,566 3

    Salem commercial real estate industrial mortgages

    Debt United States Alabama Salem
    Number of mortgages 43,276,485 193,037 --
    Average value of mortgages $5,757,204 $5,178,759 --

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