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 $3,477. Commercial real estate sale prices in Altus have a median of $3,800. The last 24 months of sales history has seen 5 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.

Values and sold prices (last 24 months) United States Arkansas Altus
Average price/sqft $1,569 $252 --
Median price/sqft $101 $64 --
Average sold price $1,215,213 $429,590 $18,948
Median sold price $186,304 $76,402 $3,800
Number of sales 2,886,754 41,392 5
Number of sales over $250k 1,202,594 9,341 --
Number of sales over $1m 323,569 2,516 --
Number of sales over $10m 49,909 283 --
Average total tax amount $6,520 $655 $181
Average assessed value $288,098 $12,479 $3,477
Average market value $329,971 $62,404 $17,393

Altus commercial real estate property averages

The average lot size of commercial real estate properties in Altus is 54,450 sf. This is 33% below the Arkansas average.

Property averages United States Arkansas Altus
Average lot size 841,144 sf 956,719 sf 483,662 sf
Median lot size 25,552 sf 76,663 sf 54,450 sf
Average building area 1,521 sf 285 sf 41 sf
Median building area 59 sf 21 sf --
Median year built 1964 1985 1990
Average number of units 20 27 15
Median number of units 2 6 15

Altus commercial real estate total supply

There are 745 commercial real estate properties in Altus. This is 199% below the Arkansas average. The total acerage is 5,151 acres and the aggregate building area for commercial real estate properties in Altus is 1,358 sf.

Supply United States Arkansas Altus
Number of parcels 51,092,560 1,189,376 745
Aggregate lot acerage 616,568,166 15,307,490 5,151
Aggregate building area 7,966,355,086 sf 17,916,015 sf 1,358 sf
Aggregate units 90,620,061 344,167 31

Altus commercial real estate industrial mortgages

Debt United States Arkansas Altus
Number of mortgages 15,805,722 211,723 --
Average value of mortgages $8,744,434 $7,822,725 --

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