Commercial Real Estate in Albany
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Reonomy attracts a large community of Albany commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
Albany commercial real estate sold prices and values
|Values and sold prices (last 24 months)||United States||Arizona||Albany|
|Average sold price||$1,054,372||$4,446,822||$21,300|
|Median sold price||$198,176||$252,431||$21,300|
|Number of sales||3,149,933||111,359||--|
|Number of sales over $250k||1,339,323||56,342||--|
|Number of sales over $1m||302,192||20,475||--|
|Number of sales over $10m||41,158||3,521||--|
|Average total tax amount||$7,055||$2,789||$241|
|Average assessed value||$252,203||$31,786||$1,704|
|Average market value||$355,606||$218,627||$11,361|
Albany commercial real estate property averages
|Property averages||United States||Arizona||Albany|
|Average lot size||815,723 sf||498,669 sf||1,622,610 sf|
|Median lot size||24,467 sf||27,222 sf||1,622,610 sf|
|Average building area||1,078 sf||1,401 sf||--|
|Median building area||77 sf||105 sf||--|
|Median year built||--||1986||--|
|Average number of units||16||64||--|
|Median number of units||--||4||--|
Albany commercial real estate total supply
|Number of parcels||58,466,290||1,148,111||--|
|Aggregate lot acerage||1,005,378,994||12,419,335||37|
|Aggregate building area||8,055,211,095 sf||217,807,357 sf||--|
Albany commercial real estate industrial mortgages
|Number of mortgages||--||1,046,992||--|
|Average value of mortgages||--||$9,214,662||--|