Commercial real estate in Farmington

Search commercial real estate records in Farmington to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Farmington commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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Reonomy operates the most comprehensive database for Farmington Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Farmington commercial real estate professionals. Members from Farmington include brokers, investors and service providers, many of whom specialize in Farmington Commercial Real Estate.

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Farmington commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Farmington is $1,227,060. Commercial real estate sale prices in Farmington have a median of $472,995. The last 24 months of sales history has seen 55 sales, with 45 sales greater than $250,000, 7 sales valued at over $1,000,000, and 2 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Farmington over the last 24 months is $173.

Values and sold prices (last 24 months) United States Connecticut Farmington
Average price/sqft $1,429 $125 $196
Median price/sqft $115 $77 $173
Average sold price $1,175,028 $463,854 $1,177,310
Median sold price $192,662 $209,879 $472,995
Number of sales 3,653,861 14,982 55
Number of sales over $250k 1,530,048 6,299 45
Number of sales over $1m 369,680 990 7
Number of sales over $10m 55,427 53 2
Average total tax amount $5,912 $12,320 $29,117
Average assessed value $302,534 $425,205 $1,227,060
Average market value $377,431 $12,133 --

Farmington commercial real estate property averages

The average lot size of commercial real estate properties in Farmington is 43,560 sf. This is 113% above the Connecticut average.

Property averages United States Connecticut Farmington
Average lot size 818,966 sf 144,668 sf 162,223 sf
Median lot size 24,701 sf 12,089 sf 43,560 sf
Average building area 1,170 sf 90 sf 171 sf
Median building area 73 sf 57 sf 87 sf
Median year built 1970 1925 1971
Average number of units 16 3 11
Median number of units 2 2 2

Farmington commercial real estate total supply

There are 1,388 commercial real estate properties in Farmington. This is 198% below the Connecticut average. The total acerage is 1,564 acres and the aggregate building area for commercial real estate properties in Farmington is 37,285 sf.

Supply United States Connecticut Farmington
Number of parcels 57,284,908 298,849 1,388
Aggregate lot acerage 883,661,852 546,846 1,564
Aggregate building area 8,074,578,464 sf 8,752,413 sf 37,285 sf
Aggregate units 87,963,611 419,266 1,399

Farmington commercial real estate industrial mortgages

There are 1,082 mortgages for commercial real estate properties across Farmington in the Reonomy database. The average value of those mortgages is $5,517,508. This is 153% above the Connecticut average.

Debt United States Connecticut Farmington
Number of mortgages 39,329,028 429,068 1,082
Average value of mortgages $5,222,868 $723,504 $5,517,508

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