Commercial Real Estate in Durham | Reonomy

Commercial Real Estate in Durham

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Reonomy attracts a large community of Durham 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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Durham commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Colorado Durham
Average price/sqft $908 $1,587 --
Average sold price $1,082,211 $1,358,564 --
Median sold price $198,823 $399,844 --
Number of sales 2,792,236 68,990 --
Number of sales over $250k 1,189,680 47,757 --
Number of sales over $1m 269,060 11,533 --
Number of sales over $10m 36,917 1,237 --
Average total tax amount $7,139 $5,175 --
Average assessed value $251,540 $60,235 --
Average market value $356,178 $293,654 --

Durham commercial real estate property averages

Property averages United States Colorado Durham
Average lot size 815,738 sf 1,644,069 sf 78,408 sf
Median lot size 24,462 sf 42,495 sf 78,408 sf
Average building area 1,078 sf 4,617 sf --
Median building area 77 sf 137 sf --
Median year built 1970 1981 --
Average number of units 16 15 --
Median number of units 2 2 --

Durham commercial real estate total supply

Supply United States Colorado Durham
Number of parcels 58,466,290 883,400 --
Aggregate lot acerage 1,005,212,641 24,394,732 1
Aggregate building area 8,055,154,382 sf 645,448,968 sf --
Aggregate units 89,982,073 1,121,995 --

Durham commercial real estate industrial mortgages

Debt United States Colorado Durham
Number of mortgages 41,919,085 709,204 --
Average value of mortgages $5,197,153 $8,620,966 --

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