Commercial real estate in Sumter County
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Reonomy operates the most comprehensive database for Sumter County Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Sumter County commercial real estate professionals. Members from Sumter County include brokers, investors and service providers, many of whom specialize in Sumter County Commercial Real Estate.
Sumter County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Sumter County is $39,587.
|Values and sold prices (last 24 months)||United States||Alabama||Sumter 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||$957|
|Average assessed value||$312,101||$33,060||$39,587|
|Average market value||$400,634||$191,160||$196,737|
Sumter County commercial real estate property averages
The average lot size of commercial real estate properties in Sumter County is 53,269 sf. This is 25% above the Alabama average.
|Property averages||United States||Alabama||Sumter County|
|Average lot size||816,803 sf||2,275,888 sf||1,196,506 sf|
|Median lot size||24,448 sf||41,229 sf||53,269 sf|
|Average building area||1,134 sf||175 sf||38 sf|
|Median building area||76 sf||40 sf||26 sf|
|Median year built||1970||1986||1975|
|Average number of units||16||33||12|
|Median number of units||2||5||2|
Sumter County commercial real estate total supply
There are 1,250 commercial real estate properties in Sumter County. This is 199% below the Alabama average. The total acerage is 20,134 acres and the aggregate building area for commercial real estate properties in Sumter County is 1,729 sf.
|Supply||United States||Alabama||Sumter County|
|Number of parcels||58,091,739||1,099,616||1,250|
|Aggregate lot acerage||976,485,427||16,629,480||20,134|
|Aggregate building area||8,209,502,265 sf||13,011,306 sf||1,729 sf|
Sumter County commercial real estate industrial mortgages
|Debt||United States||Alabama||Sumter County|
|Number of mortgages||40,876,180||189,923||--|
|Average value of mortgages||$5,210,547||$3,511,873||--|