Commercial Real Estate in Albany

Unlock property data on 607 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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Popular searches around Albany

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 Illinois Albany
Average price/sqft $927 $3,460 --
Average sold price $1,032,380 $1,395,666 $269,445
Median sold price $196,700 $181,824 $129,166
Number of sales 3,733,633 142,681 58
Number of sales over $250k 1,581,467 57,531 17
Number of sales over $1m 359,353 15,942 --
Number of sales over $10m 48,908 2,768 --
Average total tax amount $7,081 $7,986 $1,512
Average assessed value $252,824 $58,349 $20,999
Average market value $357,265 $218,437 $57,556

Albany commercial real estate property averages

Property averages United States Illinois Albany
Average lot size 816,594 sf 381,863 sf 726,711 sf
Median lot size 24,509 sf 10,508 sf 45,834 sf
Average building area 1,077 sf 209 sf --
Median building area 77 sf 83 sf --
Median year built 1970 1959 --
Average number of units 16 10 --
Median number of units 2 2 --

Albany commercial real estate total supply

Supply United States Illinois Albany
Number of parcels 58,466,290 2,499,228 612
Aggregate lot acerage 1,006,409,685 12,454,751 4,871
Aggregate building area 8,055,383,228 sf 64,661,890 sf --
Aggregate units 90,025,159 2,445,318 --

Albany commercial real estate industrial mortgages

Debt United States Illinois Albany
Number of mortgages 41,927,940 3,333,358 296
Average value of mortgages $5,197,708 $5,542,068 $365,961

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