Commercial Real Estate in Orem
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Reonomy attracts a large community of Orem commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
Orem commercial real estate sold prices and values
|Values and sold prices (last 24 months)||United States||Colorado||Orem|
|Average sold price||$725,976||$1,149,187||--|
|Median sold price||$133,838||$345,028||--|
|Number of sales||5,635,317||133,656||--|
|Number of sales over $250k||2,061,167||77,449||--|
|Number of sales over $1m||413,330||15,326||--|
|Number of sales over $10m||57,503||2,195||--|
|Average total tax amount||$4,860||$5,069||--|
|Average assessed value||$506,147||$58,819||--|
|Average market value||$293,271||$300,504||--|
Orem commercial real estate property averages
|Property averages||United States||Colorado||Orem|
|Average lot size||798,964 sf||1,540,023 sf||46,174 sf|
|Median lot size||23,326 sf||33,739 sf||46,174 sf|
|Average building area||--||--||--|
|Median building area||--||--||--|
|Median year built||1972||1983||--|
|Average number of units||18||59||--|
|Median number of units||2||2||--|
Orem commercial real estate total supply
|Number of parcels||138,266,458||952,170||--|
|Aggregate lot acerage||787,778,005||23,937,581||1|
|Aggregate building area||--||--||--|
Orem commercial real estate industrial mortgages
|Number of mortgages||44,618,478||832,336||--|
|Average value of mortgages||$5,654,937||$8,472,505||--|