Commercial Real Estate in Concho – Page 9

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Reonomy attracts a large community of Concho 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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Concho commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Arizona Concho
Average price/sqft $1,075 $3,181 $56
Median price/sqft $120 $143 $55
Average sold price $1,044,280 $3,907,872 $16,643
Median sold price $197,184 $251,556 $4,218
Number of sales 3,896,619 135,499 904
Number of sales over $250k 1,652,112 68,454 5
Number of sales over $1m 376,992 25,075 --
Number of sales over $10m 51,617 4,217 --
Average total tax amount $9,270 $2,998 $73
Average assessed value $316,885 $35,931 $828
Average market value $436,996 $237,861 $5,574

Concho commercial real estate property averages

Property averages United States Arizona Concho
Average lot size 816,554 sf 498,065 sf 568,931 sf
Median lot size 24,475 sf 27,097 sf 49,222 sf
Average building area 1,077 sf 1,401 sf 318 sf
Median building area 77 sf 105 sf 46 sf
Median year built 1971 1986 1985
Average number of units 16 64 3
Median number of units 2 4 3

Concho commercial real estate total supply

Supply United States Arizona Concho
Number of parcels 58,466,290 1,148,111 16,416
Aggregate lot acerage 1,006,474,711 12,438,154 184,589
Aggregate building area 8,055,396,245 sf 217,808,514 sf 10,839 sf
Aggregate units 90,031,430 3,406,722 3

Concho commercial real estate industrial mortgages

Debt United States Arizona Concho
Number of mortgages 41,929,296 1,047,033 2,089
Average value of mortgages $5,197,800 $9,214,284 $91,375

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