Commercial real estate in Altus

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Altus commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Altus is $3,523. Commercial real estate sale prices in Altus have a median of $2,580. The last 24 months of sales history has seen 11 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 price/sqft $1,344 $245 $1
Median price/sqft $115 $91 $1
Average sold price $1,162,392 $458,621 $32,414
Median sold price $191,998 $69,022 $2,580
Number of sales 3,863,764 54,216 11
Number of sales over $250k 1,613,612 11,870 --
Number of sales over $1m 389,810 3,202 --
Number of sales over $10m 58,005 213 --
Average total tax amount $5,906 $682 $182
Average assessed value $273,998 $13,082 $3,523
Average market value $321,055 $65,409 $17,618

Altus commercial real estate property averages

The average lot size of commercial real estate properties in Altus is 59,815 sf. This is 17% below the Arkansas average.

Property averages United States Arkansas Altus
Average lot size 819,071 sf 946,977 sf 523,831 sf
Median lot size 24,648 sf 71,168 sf 59,815 sf
Average building area 1,164 sf 250 sf 31 sf
Median building area 73 sf 26 sf --
Median year built 1970 1985 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 5,207 acres and the aggregate building area for commercial real estate properties in Altus is 974 sf.

Supply United States Arkansas Altus
Number of parcels 57,284,908 1,161,920 720
Aggregate lot acerage 882,572,415 15,407,880 5,207
Aggregate building area 8,038,749,161 sf 18,668,341 sf 974 sf
Aggregate units 87,803,046 320,883 58

Altus commercial real estate industrial mortgages

Debt United States Arkansas Altus
Number of mortgages 38,333,456 341,414 --
Average value of mortgages $5,270,760 $5,927,271 --

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