Commercial Real Estate in Duluth
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Reonomy attracts a large community of Duluth commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
Duluth commercial real estate sold prices and values
|Values and sold prices (last 24 months)||United States||Arkansas||Duluth|
|Average sold price||$1,044,280||$459,070||--|
|Median sold price||$197,180||$66,167||--|
|Number of sales||3,896,619||56,037||--|
|Number of sales over $250k||1,652,112||12,448||--|
|Number of sales over $1m||376,992||3,327||--|
|Number of sales over $10m||51,617||234||--|
|Average total tax amount||$9,270||$704||$101|
|Average assessed value||$316,887||$14,072||$2,100|
|Average market value||$436,999||$70,363||$10,500|
Duluth commercial real estate property averages
|Property averages||United States||Arkansas||Duluth|
|Average lot size||816,557 sf||937,371 sf||168,964 sf|
|Median lot size||24,453 sf||67,406 sf||168,964 sf|
|Average building area||1,077 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||--|
Duluth commercial real estate total supply
|Number of parcels||58,466,290||1,174,111||--|
|Aggregate lot acerage||1,006,458,749||15,511,439||3|
|Aggregate building area||8,055,392,605 sf||25,744,404 sf||--|
Duluth commercial real estate industrial mortgages
|Number of mortgages||41,928,927||376,524||--|
|Average value of mortgages||$5,197,766||$5,652,393||--|