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 $3,748. 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 $1,429 $256 $1
Median price/sqft $115 $90 $1
Average sold price $1,175,028 $467,785 $32,414
Median sold price $192,662 $69,370 $2,580
Number of sales 3,653,861 51,328 11
Number of sales over $250k 1,530,048 11,278 --
Number of sales over $1m 369,680 3,053 --
Number of sales over $10m 55,427 205 --
Average total tax amount $5,912 $692 $184
Average assessed value $302,534 $13,926 $3,748
Average market value $377,431 $69,632 $18,741

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 818,966 sf 946,679 sf 523,831 sf
Median lot size 24,701 sf 71,113 sf 59,815 sf
Average building area 1,170 sf 252 sf 32 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 966 sf.

Supply United States Arkansas Altus
Number of parcels 57,284,908 1,161,920 720
Aggregate lot acerage 883,661,852 15,406,383 5,207
Aggregate building area 8,074,578,464 sf 18,839,905 sf 966 sf
Aggregate units 87,963,611 320,778 58

Altus commercial real estate industrial mortgages

Debt United States Arkansas Altus
Number of mortgages 39,329,028 347,034 --
Average value of mortgages $5,222,868 $5,873,528 --

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