Commercial Real Estate in Melville
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Popular searches around Melville
Reonomy attracts a large community of Melville 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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Melville commercial real estate sold prices and values
| Values and sold prices (last 24 months) | United States | Arkansas | Melville |
|---|---|---|---|
| Average price/sqft | $1,075 | $565 | -- |
| Median price/sqft | $120 | $98 | -- |
| Average sold price | $1,044,280 | $459,070 | -- |
| Median sold price | $197,184 | $66,674 | -- |
| 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 | $11 |
| Average assessed value | $316,885 | $14,071 | $205 |
| Average market value | $436,996 | $70,360 | $1,025 |
Melville commercial real estate property averages
| Property averages | United States | Arkansas | Melville |
|---|---|---|---|
| Average lot size | 816,554 sf | 937,359 sf | 235,224 sf |
| Median lot size | 24,475 sf | 67,663 sf | 235,224 sf |
| Average building area | 1,077 sf | 315 sf | -- |
| Median building area | 77 sf | 30 sf | -- |
| Median year built | 1971 | 1986 | -- |
| Average number of units | 16 | 21 | -- |
| Median number of units | 2 | 3 | -- |
Melville commercial real estate total supply
| Supply | United States | Arkansas | Melville |
|---|---|---|---|
| Number of parcels | 58,466,290 | 1,174,111 | -- |
| Aggregate lot acerage | 1,006,474,711 | 15,511,977 | 5 |
| Aggregate building area | 8,055,396,245 sf | 25,744,404 sf | -- |
| Aggregate units | 90,031,430 | 321,556 | -- |
Melville commercial real estate industrial mortgages
| Debt | United States | Arkansas | Melville |
|---|---|---|---|
| Number of mortgages | 41,929,296 | 376,524 | -- |
| Average value of mortgages | $5,197,800 | $5,652,393 | -- |
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