Commercial Real Estate in Midland
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Popular searches around Midland
Reonomy attracts a large community of Midland 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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Midland commercial real estate sold prices and values
| Values and sold prices (last 24 months) | United States | Arizona | Midland |
|---|---|---|---|
| Average price/sqft | -- | -- | -- |
| Average sold price | $676,625 | $1,579,175 | -- |
| Median sold price | $122,750 | $192,155 | -- |
| Number of sales | 5,226,580 | 196,996 | -- |
| Number of sales over $250k | 1,832,668 | 87,627 | -- |
| Number of sales over $1m | 371,910 | 31,767 | -- |
| Number of sales over $10m | 52,007 | 8,503 | -- |
| Average total tax amount | $4,906 | $2,500 | -- |
| Average assessed value | $228,505 | $31,428 | -- |
| Average market value | $307,012 | $226,670 | -- |
Midland commercial real estate property averages
| Property averages | United States | Arizona | Midland |
|---|---|---|---|
| Average lot size | 824,700 sf | 450,145 sf | 4,242,308 sf |
| Median lot size | 24,552 sf | 23,734 sf | 4,242,308 sf |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1972 | 1990 | -- |
| Average number of units | 18 | 71 | -- |
| Median number of units | 2 | 5 | -- |
Midland commercial real estate total supply
| Supply | United States | Arizona | Midland |
|---|---|---|---|
| Number of parcels | 122,142,566 | 1,219,193 | -- |
| Aggregate lot acerage | 810,350,572 | 20,972,869 | 97 |
| Aggregate building area | -- | -- | -- |
| Aggregate units | 107,712,480 | 4,079,176 | -- |
Midland commercial real estate industrial mortgages
| Debt | United States | Arizona | Midland |
|---|---|---|---|
| Number of mortgages | 43,276,485 | 1,003,120 | -- |
| Average value of mortgages | $5,757,204 | $10,029,706 | -- |
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