Commercial real estate in Armorel

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Armorel commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Armorel is $32,523.

Values and sold prices (last 24 months) United States Arkansas Armorel
Average price/sqft $1,383 $338 --
Median price/sqft $117 $84 --
Average sold price $1,121,868 $448,381 --
Median sold price $194,935 $68,933 --
Number of sales 3,907,581 55,139 --
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 --
Average assessed value $307,066 $13,916 $32,523
Average market value $388,214 $69,582 $162,621

Armorel commercial real estate property averages

The average lot size of commercial real estate properties in Armorel is 89,516 sf. This is 24% above the Arkansas average.

Property averages United States Arkansas Armorel
Average lot size 816,882 sf 942,854 sf 228,559 sf
Median lot size 24,485 sf 69,689 sf 89,516 sf
Average building area 1,138 sf 278 sf 8 sf
Median building area 75 sf 26 sf 1 sf
Median year built 1970 1986 1995
Average number of units 16 21 23
Median number of units 2 3 23

Armorel commercial real estate total supply

There are 10 commercial real estate properties in Armorel. This is 199% below the Arkansas average. The total acerage is 52 acres and the aggregate building area for commercial real estate properties in Armorel is 40 sf.

Supply United States Arkansas Armorel
Number of parcels 57,794,383 1,162,063 10
Aggregate lot acerage 958,750,430 15,448,739 52
Aggregate building area 8,137,456,057 sf 20,788,308 sf 40 sf
Aggregate units 87,699,574 321,067 23

Armorel commercial real estate industrial mortgages

Debt United States Arkansas Armorel
Number of mortgages 40,416,832 359,820 --
Average value of mortgages $5,210,150 $5,856,328 --

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