Commercial real estate in Altus
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Reonomy operates the most comprehensive database for Altus Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Altus commercial real estate professionals. Members from Altus include brokers, investors and service providers, many of whom specialize in Altus Commercial Real Estate.
Altus commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Altus is $3,730. Commercial real estate sale prices in Altus have a median of $450. The last 24 months of sales history has seen 12 sales, with 0 sales greater than $250,000, 0 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Altus over the last 24 months is $1.
|Values and sold prices (last 24 months)||United States||Arkansas||Altus|
|Average sold price||$1,110,594||$447,828||$9,980|
|Median sold price||$195,861||$68,753||$450|
|Number of sales||4,002,357||56,552||12|
|Number of sales over $250k||1,691,978||12,606||--|
|Number of sales over $1m||393,180||3,314||--|
|Number of sales over $10m||56,413||222||--|
|Average total tax amount||$9,248||$696||$183|
|Average assessed value||$313,529||$14,043||$3,730|
|Average market value||$400,838||$70,221||$18,652|
Altus commercial real estate property averages
The average lot size of commercial real estate properties in Altus is 62,966 sf. This is 8% below the Arkansas average.
|Property averages||United States||Arkansas||Altus|
|Average lot size||816,488 sf||940,237 sf||521,394 sf|
|Median lot size||24,470 sf||68,639 sf||62,966 sf|
|Average building area||1,109 sf||304 sf||32 sf|
|Median building area||76 sf||27 sf||--|
|Median year built||1970||1986||1977|
|Average number of units||16||21||14|
|Median number of units||2||3||5|
Altus commercial real estate total supply
There are 720 commercial real estate properties in Altus. This is 199% below the Arkansas average. The total acerage is 5,194 acres and the aggregate building area for commercial real estate properties in Altus is 966 sf.
|Number of parcels||58,091,739||1,164,677||720|
|Aggregate lot acerage||977,366,964||15,489,598||5,194|
|Aggregate building area||8,120,632,838 sf||23,371,710 sf||966 sf|
Altus commercial real estate industrial mortgages
|Number of mortgages||41,237,574||367,309||--|
|Average value of mortgages||$5,196,211||$5,772,500||--|