Commercial Real Estate in Salem | Reonomy

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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Popular searches around Salem

Reonomy attracts a large community of Salem 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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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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