Commercial Real Estate in Shelby County
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Reonomy attracts a large community of Shelby County 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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Shelby County commercial real estate sold prices and values
| Values and sold prices (last 24 months) | United States | California | Shelby County |
|---|---|---|---|
| Average price/sqft | $1,075 | $2,342 | -- |
| Median price/sqft | $120 | $257 | -- |
| Average sold price | $1,044,280 | $3,499,547 | -- |
| Median sold price | $197,180 | $504,130 | -- |
| Number of sales | 3,896,619 | 238,023 | -- |
| Number of sales over $250k | 1,652,112 | 172,625 | -- |
| Number of sales over $1m | 376,992 | 71,504 | -- |
| Number of sales over $10m | 51,617 | 12,723 | -- |
| Average total tax amount | $9,270 | $10,304 | -- |
| Average assessed value | $316,887 | $865,991 | -- |
| Average market value | $436,999 | $865,992 | -- |
Shelby County commercial real estate property averages
| Property averages | United States | California | Shelby County |
|---|---|---|---|
| Average lot size | 816,557 sf | 713,679 sf | -- |
| Median lot size | 24,453 sf | 14,218 sf | -- |
| Average building area | 1,077 sf | 1,195 sf | -- |
| Median building area | 77 sf | 182 sf | -- |
| Median year built | 1970 | 1963 | -- |
| Average number of units | 16 | 12 | -- |
| Median number of units | 2 | 2 | -- |
Shelby County commercial real estate total supply
| Supply | United States | California | Shelby County |
|---|---|---|---|
| Number of parcels | 58,466,290 | 3,361,492 | -- |
| Aggregate lot acerage | 1,006,458,749 | 53,620,580 | -- |
| Aggregate building area | 8,055,392,605 sf | 607,234,715 sf | -- |
| Aggregate units | 90,029,797 | 11,006,356 | -- |
Shelby County commercial real estate industrial mortgages
| Debt | United States | California | Shelby County |
|---|---|---|---|
| Number of mortgages | 41,928,927 | 6,477,881 | -- |
| Average value of mortgages | $5,197,766 | $4,925,440 | -- |
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