Commercial Real Estate in Sterling

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USA

Commercial Real Estate

Colorado

Sterling

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Sterling commercial real estate sold prices and values

Values and sold prices (last 24 months)	United States	Colorado	Sterling
Average price/sqft	$1,075	$2,440	$110
Median price/sqft	$120	$185	$42
Average sold price	$1,044,280	$1,323,150	$239,037
Median sold price	$197,205	$396,658	$125,000
Number of sales	3,896,619	94,882	175
Number of sales over $250k	1,652,112	65,000	45
Number of sales over $1m	376,992	15,217	7
Number of sales over $10m	51,617	1,895	--
Average total tax amount	$9,270	$6,486	$2,585
Average assessed value	$316,888	$83,510	$35,820
Average market value	$436,999	$398,818	$153,735

Sterling commercial real estate property averages

Property averages	United States	Colorado	Sterling
Average lot size	816,567 sf	1,643,710 sf	3,973,972 sf
Median lot size	24,431 sf	42,500 sf	109,998 sf
Average building area	1,077 sf	4,615 sf	77 sf
Median building area	77 sf	137 sf	32 sf
Median year built	1970	1981	1963
Average number of units	16	15	2
Median number of units	2	2	--

Sterling commercial real estate total supply

Supply	United States	Colorado	Sterling
Number of parcels	58,466,290	883,400	3,664
Aggregate lot acerage	1,006,448,591	24,406,920	186,017
Aggregate building area	8,055,389,965 sf	645,450,579 sf	47,121 sf
Aggregate units	90,028,314	1,122,238	3,265