Commercial Real Estate in Berea
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Reonomy attracts a large community of Berea commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
Berea commercial real estate sold prices and values
|Values and sold prices (last 24 months)||United States||Arkansas||Berea|
|Average sold price||$1,037,796||$466,299||--|
|Median sold price||$196,975||$65,082||--|
|Number of sales||3,594,235||52,444||--|
|Number of sales over $250k||1,522,457||11,603||--|
|Number of sales over $1m||344,082||3,140||--|
|Number of sales over $10m||46,755||215||--|
|Average total tax amount||$7,065||$895||--|
|Average assessed value||$252,208||$17,455||--|
|Average market value||$356,366||$87,280||--|
Berea commercial real estate property averages
|Property averages||United States||Arkansas||Berea|
|Average lot size||816,546 sf||936,732 sf||6,969,600 sf|
|Median lot size||24,460 sf||67,703 sf||6,969,600 sf|
|Average building area||1,078 sf||315 sf||--|
|Median building area||77 sf||30 sf||--|
|Median year built||1970||1986||--|
|Average number of units||16||21||--|
|Median number of units||2||3||--|
Berea commercial real estate total supply
|Number of parcels||58,466,290||1,174,111||--|
|Aggregate lot acerage||1,006,250,046||15,486,194||160|
|Aggregate building area||8,055,341,670 sf||25,744,020 sf||--|
Berea commercial real estate industrial mortgages
|Number of mortgages||41,925,990||376,500||2|
|Average value of mortgages||$5,197,811||$5,652,723||$1,231,650|