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 $77,817. Commercial real estate sale prices in Albany have a median of $69,737. The last 24 months of sales history has seen 698 sales, with 167 sales greater than $250,000, 61 sales valued at over $1,000,000, and 10 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 $45.

Values and sold prices (last 24 months) United States Georgia Albany
Average price/sqft $1,569 $544 $278
Median price/sqft $101 $83 $45
Average sold price $1,215,213 $694,626 $480,299
Median sold price $186,304 $171,857 $69,737
Number of sales 2,886,754 120,854 698
Number of sales over $250k 1,202,594 42,588 167
Number of sales over $1m 323,569 10,634 61
Number of sales over $10m 49,909 1,207 10
Average total tax amount $6,520 $3,361 $2,870
Average assessed value $288,098 $116,045 $77,817
Average market value $329,971 $289,023 $194,543

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 18,857 sf. This is 80% below the Georgia average.

Property averages United States Georgia Albany
Average lot size 841,144 sf 864,109 sf 417,295 sf
Median lot size 25,552 sf 44,026 sf 18,857 sf
Average building area 1,521 sf 282 sf 84 sf
Median building area 59 sf 45 sf 21 sf
Median year built 1964 1982 1972
Average number of units 20 45 8
Median number of units 2 4 2

Albany commercial real estate total supply

There are 13,835 commercial real estate properties in Albany. This is 195% below the Georgia average. The total acerage is 110,301 acres and the aggregate building area for commercial real estate properties in Albany is 309,207 sf.

Supply United States Georgia Albany
Number of parcels 51,092,560 1,315,940 13,835
Aggregate lot acerage 616,568,166 17,677,690 110,301
Aggregate building area 7,966,355,086 sf 46,166,526 sf 309,207 sf
Aggregate units 90,620,061 3,115,665 17,666

Albany commercial real estate industrial mortgages

There are 3,181 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $15,123,494. This is 26% above the Georgia average.

Debt United States Georgia Albany
Number of mortgages 15,805,722 192,291 3,181
Average value of mortgages $8,744,434 $11,610,324 $15,123,494

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