Commercial Real Estate in Mesa – Page 8

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

Values and sold prices (last 24 months) United States Arizona Mesa
Average price/sqft $1,075 $3,181 $196
Median price/sqft $120 $143 $156
Average sold price $1,044,280 $3,907,872 $1,503,007
Median sold price $197,205 $251,856 $377,040
Number of sales 3,896,619 135,499 6,436
Number of sales over $250k 1,652,112 68,454 5,514
Number of sales over $1m 376,992 25,075 1,323
Number of sales over $10m 51,617 4,217 109
Average total tax amount $9,270 $2,998 $6,221
Average assessed value $316,888 $35,935 $77,641
Average market value $436,999 $237,885 $527,547

Mesa commercial real estate property averages

Property averages United States Arizona Mesa
Average lot size 816,567 sf 498,123 sf 66,280 sf
Median lot size 24,431 sf 27,086 sf 7,856 sf
Average building area 1,077 sf 1,401 sf 197 sf
Median building area 77 sf 105 sf 137 sf
Median year built 1970 1986 1986
Average number of units 16 64 96
Median number of units 2 4 15

Mesa commercial real estate total supply

Supply United States Arizona Mesa
Number of parcels 58,466,290 1,148,111 34,767
Aggregate lot acerage 1,006,448,591 12,437,769 44,677
Aggregate building area 8,055,389,965 sf 217,807,903 sf 2,124,444 sf
Aggregate units 90,028,314 3,406,694 646,104

Mesa commercial real estate industrial mortgages

Debt United States Arizona Mesa
Number of mortgages 41,928,574 1,047,030 61,277
Average value of mortgages $5,197,803 $9,214,312 $12,492,967

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