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 $803,578. Commercial real estate sale prices in Palm Beach County have a median of $397,572. The last 24 months of sales history has seen 9,654 sales, with 6,413 sales greater than $250,000, 2,347 sales valued at over $1,000,000, and 302 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 $161.

Values and sold prices (last 24 months) United States Florida Palm Beach County
Average price/sqft $1,429 $663 $664
Median price/sqft $115 $128 $161
Average sold price $1,175,028 $783,269 $1,908,515
Median sold price $192,713 $198,978 $397,572
Number of sales 3,653,861 375,253 9,654
Number of sales over $250k 1,530,048 153,889 6,413
Number of sales over $1m 369,680 36,331 2,347
Number of sales over $10m 55,427 4,832 302
Average total tax amount $5,912 $4,881 $17,765
Average assessed value $302,530 $263,800 $803,578
Average market value $377,429 $294,894 $870,949

Palm Beach County commercial real estate property averages

The average lot size of commercial real estate properties in Palm Beach County is 16,270 sf. This is 18% above the Florida average.

Property averages United States Florida Palm Beach County
Average lot size 819,013 sf 324,373 sf 306,319 sf
Median lot size 24,643 sf 13,552 sf 16,270 sf
Average building area 1,170 sf 1,812 sf 973 sf
Median building area 73 sf 97 sf 121 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 393,658 acres and the aggregate building area for commercial real estate properties in Palm Beach County is 25,654,606 sf.

Supply United States Florida Palm Beach County
Number of parcels 57,284,908 3,062,131 78,397
Aggregate lot acerage 883,716,141 17,285,558 393,658
Aggregate building area 8,074,580,736 sf 949,890,537 sf 25,654,606 sf
Aggregate units 87,967,372 6,843,021 679,577

Palm Beach County commercial real estate industrial mortgages

There are 125,915 mortgages for commercial real estate properties across Palm Beach County in the Reonomy database. The average value of those mortgages is $5,022,005. This is 21% above the Florida average.

Debt United States Florida Palm Beach County
Number of mortgages 39,329,450 2,474,419 125,915
Average value of mortgages $5,222,819 $4,034,115 $5,022,005

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