Commercial real estate in Fayette County
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Reonomy operates the most comprehensive database for Fayette 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 Fayette County commercial real estate professionals. Members from Fayette County include brokers, investors and service providers, many of whom specialize in Fayette County Commercial Real Estate.
Fayette County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Fayette County is $10,871.
|Values and sold prices (last 24 months)||United States||Illinois||Fayette 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||$904|
|Average assessed value||$294,387||$60,417||$10,871|
|Average market value||$346,180||$235,296||$20,733|
Fayette County commercial real estate property averages
The average lot size of commercial real estate properties in Fayette County is 871,200 sf. This is 195% above the Illinois average.
|Property averages||United States||Illinois||Fayette County|
|Average lot size||837,093 sf||461,544 sf||1,172,165 sf|
|Median lot size||25,591 sf||10,514 sf||871,200 sf|
|Average building area||1,314 sf||223 sf||203 sf|
|Median building area||60 sf||61 sf||21 sf|
|Median year built||1964||1938||1940|
|Average number of units||21||13||12|
|Median number of units||2||3||6|
Fayette County commercial real estate total supply
There are 15,897 commercial real estate properties in Fayette County. This is 196% below the Illinois average. The total acerage is 106,802 acres and the aggregate building area for commercial real estate properties in Fayette County is 4,079 sf.
|Supply||United States||Illinois||Fayette County|
|Number of parcels||51,649,673||2,067,412||15,897|
|Aggregate lot acerage||684,518,718||10,870,851||106,802|
|Aggregate building area||7,014,588,098 sf||41,381,442 sf||4,079 sf|
Fayette County commercial real estate industrial mortgages
|Debt||United States||Illinois||Fayette County|
|Number of mortgages||16,072,153||1,250,858||--|
|Average value of mortgages||$8,735,955||$10,626,974||--|