Commercial real estate in Akron

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Akron commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Akron is $7,458. The last 24 months of sales history has seen 26 sales, with 2 sales greater than $250,000, 0 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000.

Values and sold prices (last 24 months) United States Colorado Akron
Average price/sqft $1,569 $4,267 $9
Median price/sqft $101 $163 --
Average sold price $1,215,213 $1,382,753 $67,988
Median sold price $186,304 $358,573 --
Number of sales 2,886,754 69,557 26
Number of sales over $250k 1,202,594 43,314 2
Number of sales over $1m 323,569 10,483 --
Number of sales over $10m 49,909 1,359 --
Average total tax amount $6,520 $7,487 $615
Average assessed value $288,098 $97,793 $7,458
Average market value $329,971 $458,870 $27,184

Akron commercial real estate property averages

The average lot size of commercial real estate properties in Akron is 6,969,600 sf. This is 197% above the Colorado average.

Property averages United States Colorado Akron
Average lot size 841,144 sf 1,453,053 sf 10,644,441 sf
Median lot size 25,552 sf 41,646 sf 6,969,600 sf
Average building area 1,521 sf 6,328 sf 11 sf
Median building area 59 sf 113 sf --
Median year built 1964 1979 1963
Average number of units 20 22 5
Median number of units 2 3 3

Akron commercial real estate total supply

There are 1,660 commercial real estate properties in Akron. This is 199% below the Colorado average. The total acerage is 200,621 acres and the aggregate building area for commercial real estate properties in Akron is 1,032 sf.

Supply United States Colorado Akron
Number of parcels 51,092,560 839,825 1,660
Aggregate lot acerage 616,568,166 15,542,609 200,621
Aggregate building area 7,966,355,086 sf 554,745,751 sf 1,032 sf
Aggregate units 90,620,061 1,416,301 47

Akron commercial real estate industrial mortgages

Debt United States Colorado Akron
Number of mortgages 15,805,722 260,673 --
Average value of mortgages $8,744,434 $15,829,994 --

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