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 $1,475,829. Commercial real estate sale prices in Farmington have a median of $465,000. The last 24 months of sales history has seen 39 sales, with 29 sales greater than $250,000, 6 sales valued at over $1,000,000, and 0 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 $117.

Values and sold prices (last 24 months) United States Connecticut Farmington
Average price/sqft $1,504 $104 $125
Median price/sqft $101 $67 $117
Average sold price $1,208,179 $439,645 $1,051,452
Median sold price $192,330 $193,276 $465,000
Number of sales 2,773,382 14,566 39
Number of sales over $250k 1,175,770 5,638 29
Number of sales over $1m 307,158 917 6
Number of sales over $10m 46,620 58 --
Average total tax amount $6,485 $12,386 $35,370
Average assessed value $294,398 $417,822 $1,475,829
Average market value $346,187 -- --

Farmington commercial real estate property averages

The average lot size of commercial real estate properties in Farmington is 50,965 sf. This is 123% above the Connecticut average.

Property averages United States Connecticut Farmington
Average lot size 837,124 sf 134,541 sf 180,955 sf
Median lot size 25,573 sf 12,128 sf 50,965 sf
Average building area 1,314 sf 84 sf 231 sf
Median building area 60 sf 55 sf 85 sf
Median year built 1964 1925 1974
Average number of units 21 5 40
Median number of units 2 2 6

Farmington commercial real estate total supply

There are 1,624 commercial real estate properties in Farmington. This is 198% below the Connecticut average. The total acerage is 1,777 acres and the aggregate building area for commercial real estate properties in Farmington is 53,099 sf.

Supply United States Connecticut Farmington
Number of parcels 51,649,673 330,665 1,624
Aggregate lot acerage 684,372,739 514,361 1,777
Aggregate building area 7,014,559,228 sf 8,414,813 sf 53,099 sf
Aggregate units 92,533,415 655,155 3,103

Farmington commercial real estate industrial mortgages

There are 663 mortgages for commercial real estate properties across Farmington in the Reonomy database. The average value of those mortgages is $6,888,258. This is 158% above the Connecticut average.

Debt United States Connecticut Farmington
Number of mortgages 16,069,979 242,903 663
Average value of mortgages $8,736,706 $792,265 $6,888,258

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