Commercial Real Estate in Phoenix | Reonomy

Commercial Real Estate in Phoenix

Unlock property data on 76,604 commercial properties in Phoenix. Search through Phoenix property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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

Values and sold prices (last 24 months) United States Arizona Phoenix
Average price/sqft $901 $1,188 $1,565
Average sold price $1,040,193 $4,181,467 $34,981,836
Median sold price $197,719 $250,335 $487,184
Number of sales 3,467,676 121,653 10,130
Number of sales over $250k 1,471,021 61,104 8,106
Number of sales over $1m 331,728 22,190 3,274
Number of sales over $10m 44,553 3,745 1,065
Average total tax amount $7,047 $2,781 $11,901
Average assessed value $252,055 $31,773 $132,337
Average market value $355,886 $218,344 $898,469

Phoenix commercial real estate property averages

Property averages United States Arizona Phoenix
Average lot size 816,547 sf 498,301 sf 64,091 sf
Median lot size 24,451 sf 27,221 sf 9,263 sf
Average building area 1,078 sf 1,401 sf 7,470 sf
Median building area 77 sf 105 sf 117 sf
Median year built 1970 1986 1977
Average number of units 16 64 37
Median number of units 2 4 4

Phoenix commercial real estate total supply

Supply United States Arizona Phoenix
Number of parcels 58,466,290 1,148,111 77,123
Aggregate lot acerage 1,006,172,965 12,424,619 97,741
Aggregate building area 8,055,272,149 sf 217,807,451 sf 170,349,885 sf
Aggregate units 90,008,311 3,403,069 390,819

Phoenix commercial real estate industrial mortgages

Debt United States Arizona Phoenix
Number of mortgages 41,924,523 1,047,008 174,126
Average value of mortgages $5,197,370 $9,214,506 $12,009,568

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