Commercial Real Estate in Lake City | Reonomy

Commercial Real Estate in Lake City

Unlock property data on 1,386 commercial properties in Lake City. Search through Lake City property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Lake City commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Lake City commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Arkansas Lake City
Average price/sqft $908 $731 $1,835
Average sold price $1,082,211 $518,959 $120,245
Median sold price $198,553 $64,596 $110,050
Number of sales 2,792,236 40,964 38
Number of sales over $250k 1,189,680 9,281 3
Number of sales over $1m 269,060 2,652 --
Number of sales over $10m 36,917 191 --
Average total tax amount $7,139 $888 $470
Average assessed value $251,540 $17,297 $8,696
Average market value $356,178 $86,487 $43,480

Lake City commercial real estate property averages

Property averages United States Arkansas Lake City
Average lot size -- 935,456 sf 1,646,525 sf
Median lot size -- 67,625 sf 430,099 sf
Average building area -- 315 sf 39 sf
Median building area -- 30 sf 20 sf
Median year built 1970 1986 2004
Average number of units -- 21 10
Median number of units 2 3 10

Lake City commercial real estate total supply

Supply United States Arkansas Lake City
Number of parcels 58,466,290 1,174,111 1,406
Aggregate lot acerage -- 15,448,893 36,060
Aggregate building area -- 25,709,719 sf 3,588 sf
Aggregate units 89,982,073 321,253 20

Lake City commercial real estate industrial mortgages

Debt United States Arkansas Lake City
Number of mortgages 41,919,085 376,460 628
Average value of mortgages $5,197,153 $5,653,340 $19,917,788

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