Commercial real estate in Albion
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Reonomy operates the most comprehensive database for Albion 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 Albion commercial real estate professionals. Members from Albion include brokers, investors and service providers, many of whom specialize in Albion Commercial Real Estate.
Albion commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Albion is $12,794.
|Values and sold prices (last 24 months)||United States||Illinois||Albion|
|Average sold price||$1,162,392||$1,465,749||--|
|Median sold price||$191,467||$188,022||--|
|Number of sales||3,863,764||147,370||--|
|Number of sales over $250k||1,613,612||60,718||--|
|Number of sales over $1m||389,810||17,254||--|
|Number of sales over $10m||58,005||2,929||--|
|Average total tax amount||$5,906||$9,160||$846|
|Average assessed value||$273,996||$60,167||$12,794|
|Average market value||$321,051||$228,563||$13,547|
Albion commercial real estate property averages
The average lot size of commercial real estate properties in Albion is 670,533 sf. This is 193% above the Illinois average.
|Property averages||United States||Illinois||Albion|
|Average lot size||819,068 sf||379,875 sf||949,652 sf|
|Median lot size||24,646 sf||10,377 sf||670,533 sf|
|Average building area||1,164 sf||199 sf||--|
|Median building area||73 sf||81 sf||--|
|Median year built||1970||1959||--|
|Average number of units||16||9||--|
|Median number of units||2||2||--|
Albion commercial real estate total supply
There are 2,389 commercial real estate properties in Albion. This is 199% below the Illinois average.
|Number of parcels||57,284,908||2,456,675||2,389|
|Aggregate lot acerage||882,586,122||11,802,830||7,739|
|Aggregate building area||8,038,750,738 sf||59,150,729 sf||--|
Albion commercial real estate industrial mortgages
|Number of mortgages||38,333,712||3,175,241||--|
|Average value of mortgages||$5,270,730||$5,560,661||--|