Commercial Real Estate in Albany | Reonomy

Commercial Real Estate in Albany

Unlock property data on 14,490 commercial properties in Albany. Search through Albany property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Albany commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Albany commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Georgia Albany
Average price/sqft $901 $863 $3,953
Average sold price $1,040,193 $772,202 $351,948
Median sold price $197,719 $188,844 $73,000
Number of sales 3,467,676 124,921 644
Number of sales over $250k 1,471,021 49,180 169
Number of sales over $1m 331,728 10,803 41
Number of sales over $10m 44,553 1,403 2
Average total tax amount $7,047 $3,453 $3,047
Average assessed value $252,055 $114,162 $77,003
Average market value $355,886 $285,329 $192,508

Albany commercial real estate property averages

Property averages United States Georgia Albany
Average lot size 816,547 sf 851,095 sf 548,530 sf
Median lot size 24,451 sf 43,560 sf 20,048 sf
Average building area 1,078 sf 331 sf 80 sf
Median building area 77 sf 64 sf 22 sf
Median year built 1970 1982 1972
Average number of units 16 32 6
Median number of units 2 2 2

Albany commercial real estate total supply

Supply United States Georgia Albany
Number of parcels 58,466,290 1,491,734 14,549
Aggregate lot acerage 1,006,172,965 20,588,919 148,730
Aggregate building area 8,055,272,149 sf 78,343,016 sf 290,754 sf
Aggregate units 90,008,311 3,510,909 15,967

Albany commercial real estate industrial mortgages

Debt United States Georgia Albany
Number of mortgages 41,924,523 882,153 6,543
Average value of mortgages $5,197,370 $6,654,873 $12,110,377

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