Commercial Real Estate in Birmingham
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Reonomy attracts a large community of Birmingham commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
Birmingham commercial real estate sold prices and values
|Values and sold prices (last 24 months)||United States||Arkansas||Birmingham|
|Average sold price||$767,291||$500,629||--|
|Median sold price||$88,200||$17,148||--|
|Number of sales||4,826,142||87,229||--|
|Number of sales over $250k||1,544,858||14,593||--|
|Number of sales over $1m||397,601||3,857||--|
|Number of sales over $10m||58,743||719||--|
|Average total tax amount||$5,395||$909||$19|
|Average assessed value||$235,964||$16,922||$600|
|Average market value||$321,613||$84,555||$3,000|
Birmingham commercial real estate property averages
|Property averages||United States||Arkansas||Birmingham|
|Average lot size||889,211 sf||969,322 sf||43,560 sf|
|Median lot size||28,598 sf||73,638 sf||43,560 sf|
|Average building area||--||--||--|
|Median building area||--||--||--|
|Median year built||1972||1986||--|
|Average number of units||18||20||--|
|Median number of units||2||2||--|
Birmingham commercial real estate total supply
|Number of parcels||140,082,296||1,100,767||--|
|Aggregate lot acerage||784,164,730||16,862,651||--|
|Aggregate building area||--||--||--|
Birmingham commercial real estate industrial mortgages
|Number of mortgages||42,096,806||390,381||--|
|Average value of mortgages||$6,223,903||$7,909,166||--|