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 $36,019.

Values and sold prices (last 24 months) United States Arkansas Armorel
Average price/sqft $1,705 $307 --
Median price/sqft $102 $66 --
Average sold price $1,142,916 $436,512 --
Median sold price $184,799 $75,520 --
Number of sales 2,575,118 36,148 --
Number of sales over $250k 1,062,401 7,977 --
Number of sales over $1m 274,215 2,187 --
Number of sales over $10m 41,633 269 --
Average total tax amount $6,270 $664 --
Average assessed value $264,907 $12,292 $36,019
Average market value $262,016 $61,463 $180,100

Armorel commercial real estate property averages

The average lot size of commercial real estate properties in Armorel is 89,516 sf. This is 13% below the Arkansas average.

Property averages United States Arkansas Armorel
Average lot size 898,917 sf 1,035,675 sf 228,559 sf
Median lot size 30,119 sf 102,240 sf 89,516 sf
Average building area 1,798 sf 165 sf 8 sf
Median building area 59 sf 19 sf 1 sf
Median year built 1965 1986 1995
Average number of units 18 27 23
Median number of units 2 6 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 50,471,951 1,173,561 10
Aggregate lot acerage 585,729,504 15,760,859 52
Aggregate building area 7,434,859,242 sf 7,397,306 sf 40 sf
Aggregate units 72,446,861 344,545 23

Armorel commercial real estate industrial mortgages

Debt United States Arkansas Armorel
Number of mortgages 22,566,809 309,796 --
Average value of mortgages $5,859,845 $7,126,718 --

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