Commercial real estate in Palm Beach County

Search commercial real estate records in Palm Beach County 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 Palm Beach County 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 Palm Beach 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 Palm Beach County commercial real estate professionals. Members from Palm Beach County include brokers, investors and service providers, many of whom specialize in Palm Beach County Commercial Real Estate.

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Palm Beach County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Palm Beach County is $748,667. Commercial real estate sale prices in Palm Beach County have a median of $399,586. The last 24 months of sales history has seen 10,222 sales, with 6,825 sales greater than $250,000, 2,438 sales valued at over $1,000,000, and 300 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Palm Beach County over the last 24 months is $163.

Values and sold prices (last 24 months) United States Florida Palm Beach County
Average price/sqft $1,344 $868 $635
Median price/sqft $115 $128 $163
Average sold price $1,162,392 $781,472 $1,836,290
Median sold price $191,467 $199,222 $399,586
Number of sales 3,863,764 394,798 10,222
Number of sales over $250k 1,613,612 162,150 6,825
Number of sales over $1m 389,810 38,422 2,438
Number of sales over $10m 58,005 5,084 300
Average total tax amount $5,906 $4,662 $16,294
Average assessed value $273,996 $259,025 $748,667
Average market value $321,051 $291,136 $852,318

Palm Beach County commercial real estate property averages

The average lot size of commercial real estate properties in Palm Beach County is 16,288 sf. This is 18% above the Florida average.

Property averages United States Florida Palm Beach County
Average lot size 819,068 sf 324,505 sf 306,515 sf
Median lot size 24,646 sf 13,596 sf 16,288 sf
Average building area 1,164 sf 1,776 sf 927 sf
Median building area 73 sf 97 sf 120 sf
Median year built 1970 1983 1978
Average number of units 16 15 24
Median number of units 2 2 3

Palm Beach County commercial real estate total supply

There are 78,397 commercial real estate properties in Palm Beach County. This is 190% below the Florida average. The total acerage is 393,601 acres and the aggregate building area for commercial real estate properties in Palm Beach County is 24,523,864 sf.

Supply United States Florida Palm Beach County
Number of parcels 57,284,908 3,062,131 78,397
Aggregate lot acerage 882,586,122 17,272,312 393,601
Aggregate building area 8,038,750,738 sf 932,845,749 sf 24,523,864 sf
Aggregate units 87,804,464 6,839,113 679,510

Palm Beach County commercial real estate industrial mortgages

There are 117,400 mortgages for commercial real estate properties across Palm Beach County in the Reonomy database. The average value of those mortgages is $5,354,446. This is 23% above the Florida average.

Debt United States Florida Palm Beach County
Number of mortgages 38,333,712 2,343,621 117,400
Average value of mortgages $5,270,730 $4,226,119 $5,354,446

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