Commercial Real Estate in Somerville | Reonomy

Commercial Real Estate in Somerville

Unlock property data on 1,733 commercial properties in Somerville. Search through Somerville 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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Somerville commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Alabama Somerville
Average price/sqft -- -- --
Average sold price $692,836 $582,996 $151,761
Median sold price $120,557 $93,233 $58,000
Number of sales 5,144,695 67,664 141
Number of sales over $250k 1,789,241 18,007 24
Number of sales over $1m 366,897 3,550 3
Number of sales over $10m 51,097 360 --
Average total tax amount $5,001 $1,632 $468
Average assessed value $231,489 $32,392 $13,123
Average market value $310,223 $181,906 $92,595

Somerville commercial real estate property averages

Property averages United States Alabama Somerville
Average lot size 827,513 sf 2,308,751 sf 713,764 sf
Median lot size 24,569 sf 43,560 sf 217,800 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1987 1998
Average number of units 18 35 2
Median number of units 2 5 2

Somerville commercial real estate total supply

Supply United States Alabama Somerville
Number of parcels 106,311,555 1,124,485 1,741
Aggregate lot acerage 867,958,984 18,392,729 11,125
Aggregate building area -- -- --
Aggregate units 106,475,202 712,022 2

Somerville commercial real estate industrial mortgages

Debt United States Alabama Somerville
Number of mortgages 42,599,827 187,081 291
Average value of mortgages $5,760,401 $4,730,315 $162,698

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