Commercial real estate in New Hanover County
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Reonomy operates the most comprehensive database for New Hanover County 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 New Hanover County commercial real estate professionals. Members from New Hanover County include brokers, investors and service providers, many of whom specialize in New Hanover County Commercial Real Estate.
New Hanover County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in New Hanover County is $184,000. Commercial real estate sale prices in New Hanover County have a median of $520,000.
|Values and sold prices (last 24 months)||United States||Florida||New Hanover County|
|Average sold price||$1,209,397||$758,250||$520,000|
|Median sold price||$193,310||$206,157||$520,000|
|Number of sales||2,658,025||290,897||--|
|Number of sales over $250k||1,129,450||122,414||--|
|Number of sales over $1m||294,590||28,837||--|
|Number of sales over $10m||44,370||3,659||--|
|Average total tax amount||$6,485||$4,793||$1,670|
|Average assessed value||$294,400||$264,524||$184,000|
|Average market value||$346,195||$283,767||$184,000|
New Hanover County commercial real estate property averages
The average lot size of commercial real estate properties in New Hanover County is 967 sf. This is 173% below the Florida average.
|Property averages||United States||Florida||New Hanover County|
|Average lot size||837,159 sf||319,582 sf||967 sf|
|Median lot size||25,554 sf||13,478 sf||967 sf|
|Average building area||1,314 sf||1,466 sf||--|
|Median building area||60 sf||91 sf||--|
|Median year built||1965||1981||--|
|Average number of units||21||32||--|
|Median number of units||2||2||--|
New Hanover County commercial real estate total supply
There are 1 commercial real estate properties in New Hanover County. This is 199% below the Florida average.
|Supply||United States||Florida||New Hanover County|
|Number of parcels||51,649,673||3,047,496||--|
|Aggregate lot acerage||684,332,647||15,637,945||--|
|Aggregate building area||7,014,553,642 sf||621,583,124 sf||--|
New Hanover County commercial real estate industrial mortgages
|Debt||United States||Florida||New Hanover County|
|Number of mortgages||16,069,161||1,070,289||--|
|Average value of mortgages||$8,736,895||$5,921,648||--|