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 $3,747. Commercial real estate sale prices in Altus have a median of $700. 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 $1,383 $338 $1
Median price/sqft $117 $84 $1
Average sold price $1,121,868 $448,381 $31,105
Median sold price $194,933 $68,976 $700
Number of sales 3,907,581 55,139 11
Number of sales over $250k 1,646,046 12,246 --
Number of sales over $1m 386,972 3,222 --
Number of sales over $10m 55,955 211 --
Average total tax amount $5,932 $692 $184
Average assessed value $307,063 $13,916 $3,747
Average market value $388,212 $69,584 $18,737

Altus commercial real estate property averages

The average lot size of commercial real estate properties in Altus is 59,815 sf. This is 15% below the Arkansas average.

Property averages United States Arkansas Altus
Average lot size 816,877 sf 942,828 sf 521,893 sf
Median lot size 24,485 sf 69,671 sf 59,815 sf
Average building area 1,138 sf 278 sf 32 sf
Median building area 75 sf 26 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 5,187 acres and the aggregate building area for commercial real estate properties in Altus is 966 sf.

Supply United States Arkansas Altus
Number of parcels 57,794,383 1,162,063 720
Aggregate lot acerage 958,727,945 15,447,579 5,187
Aggregate building area 8,137,453,512 sf 20,788,308 sf 966 sf
Aggregate units 87,698,106 321,065 58

Altus commercial real estate industrial mortgages

Debt United States Arkansas Altus
Number of mortgages 40,416,466 359,818 --
Average value of mortgages $5,210,072 $5,856,364 --

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