Commercial real estate in Albany

Search commercial real estate records in Albany 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 Albany 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.

Popular searches around Albany

Reonomy operates the most comprehensive database for Albany 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 Albany commercial real estate professionals. Members from Albany include brokers, investors and service providers, many of whom specialize in Albany Commercial Real Estate.

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Albany commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Albany is $79,176. Commercial real estate sale prices in Albany have a median of $55,642. The last 24 months of sales history has seen 764 sales, with 194 sales greater than $250,000, 56 sales valued at over $1,000,000, and 12 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Albany over the last 24 months is $38.

Values and sold prices (last 24 months) United States Georgia Albany
Average price/sqft $1,383 $360 $250
Median price/sqft $117 $94 $38
Average sold price $1,121,868 $758,864 $515,561
Median sold price $194,933 $183,342 $55,642
Number of sales 3,907,581 143,963 764
Number of sales over $250k 1,646,046 55,395 194
Number of sales over $1m 386,972 12,360 56
Number of sales over $10m 55,955 1,694 12
Average total tax amount $5,932 $4,088 $3,271
Average assessed value $307,063 $139,520 $79,176
Average market value $388,212 $348,429 $197,941

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 19,692 sf. This is 75% below the Georgia average.

Property averages United States Georgia Albany
Average lot size 816,877 sf 853,069 sf 549,125 sf
Median lot size 24,485 sf 43,560 sf 19,692 sf
Average building area 1,138 sf 248 sf 82 sf
Median building area 75 sf 62 sf 21 sf
Median year built 1970 1983 1972
Average number of units 16 34 6
Median number of units 2 2 2

Albany commercial real estate total supply

There are 14,438 commercial real estate properties in Albany. This is 196% below the Georgia average. The total acerage is 145,160 acres and the aggregate building area for commercial real estate properties in Albany is 285,474 sf.

Supply United States Georgia Albany
Number of parcels 57,794,383 1,487,152 14,438
Aggregate lot acerage 958,727,945 20,442,803 145,160
Aggregate building area 8,137,453,512 sf 57,425,473 sf 285,474 sf
Aggregate units 87,698,106 3,443,217 15,219

Albany commercial real estate industrial mortgages

There are 5,998 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $12,228,039. This is 61% above the Georgia average.

Debt United States Georgia Albany
Number of mortgages 40,416,466 841,945 5,998
Average value of mortgages $5,210,072 $6,503,056 $12,228,039

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