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 54 sales, with 11 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 $1,705 $737 $25
Median price/sqft $102 $144 --
Average sold price $1,142,916 $932,939 $163,212
Median sold price $184,633 $311,906 --
Number of sales 2,575,118 53,502 54
Number of sales over $250k 1,062,401 31,037 11
Number of sales over $1m 274,215 4,677 --
Number of sales over $10m 41,633 565 --
Average total tax amount $6,270 $6,899 $616
Average assessed value $264,902 $88,137 $7,458
Average market value $262,012 $417,541 $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 898,915 sf 1,656,314 sf 10,644,443 sf
Median lot size 30,135 sf 45,030 sf 6,969,600 sf
Average building area 1,798 sf 374 sf 13 sf
Median building area 59 sf 112 sf --
Median year built 1964 1979 1963
Average number of units 18 21 5
Median number of units 2 2 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 1,184 sf.

Supply United States Colorado Akron
Number of parcels 50,471,951 814,778 1,660
Aggregate lot acerage 585,742,590 12,980,825 200,621
Aggregate building area 7,434,860,070 sf 26,654,473 sf 1,184 sf
Aggregate units 72,447,063 970,751 47

Akron commercial real estate industrial mortgages

Debt United States Colorado Akron
Number of mortgages 22,566,822 256,833 --
Average value of mortgages $5,859,843 $7,252,839 --

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