Commercial real estate in Cumberland County
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Reonomy operates the most comprehensive database for Cumberland County 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 Cumberland County commercial real estate professionals. Members from Cumberland County include brokers, investors and service providers, many of whom specialize in Cumberland County Commercial Real Estate.
Cumberland County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Cumberland County is $9,181.
|Values and sold prices (last 24 months)||United States||Illinois||Cumberland County|
|Average sold price||$1,190,870||$1,418,859||--|
|Median sold price||$190,251||$210,249||--|
|Number of sales||3,017,432||99,899||--|
|Number of sales over $250k||1,271,384||45,633||--|
|Number of sales over $1m||333,285||14,575||--|
|Number of sales over $10m||50,330||2,258||--|
|Average total tax amount||$6,485||$10,184||$545|
|Average assessed value||$294,387||$60,417||$9,181|
|Average market value||$346,180||$235,296||$15,427|
Cumberland County commercial real estate property averages
The average lot size of commercial real estate properties in Cumberland County is 740,520 sf. This is 194% above the Illinois average.
|Property averages||United States||Illinois||Cumberland County|
|Average lot size||837,093 sf||461,544 sf||922,140 sf|
|Median lot size||25,591 sf||10,514 sf||740,520 sf|
|Average building area||1,314 sf||223 sf||--|
|Median building area||60 sf||61 sf||--|
|Median year built||1964||1938||--|
|Average number of units||21||13||32|
|Median number of units||2||3||26|
Cumberland County commercial real estate total supply
There are 8,012 commercial real estate properties in Cumberland County. This is 198% below the Illinois average.
|Supply||United States||Illinois||Cumberland County|
|Number of parcels||51,649,673||2,067,412||8,012|
|Aggregate lot acerage||684,518,718||10,870,851||31,224|
|Aggregate building area||7,014,588,098 sf||41,381,442 sf||--|
Cumberland County commercial real estate industrial mortgages
|Debt||United States||Illinois||Cumberland County|
|Number of mortgages||16,072,153||1,250,858||--|
|Average value of mortgages||$8,735,955||$10,626,974||--|