Commercial real estate in Fayette County

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Fayette County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Fayette County is $9,680.

Values and sold prices (last 24 months) United States Illinois Fayette County
Average price/sqft $1,705 $246 --
Median price/sqft $102 $77 --
Average sold price $1,142,916 $1,145,181 --
Median sold price $184,799 $189,120 --
Number of sales 2,575,118 94,315 --
Number of sales over $250k 1,062,401 40,833 --
Number of sales over $1m 274,215 12,819 --
Number of sales over $10m 41,633 1,984 --
Average total tax amount $6,270 $9,217 $846
Average assessed value $264,907 $60,916 $9,680
Average market value $262,016 $191,292 $19,861

Fayette County commercial real estate property averages

The average lot size of commercial real estate properties in Fayette County is 871,199 sf. This is 189% above the Illinois average.

Property averages United States Illinois Fayette County
Average lot size 898,917 sf 686,342 sf 1,281,837 sf
Median lot size 30,119 sf 24,217 sf 871,199 sf
Average building area 1,798 sf 158 sf 545 sf
Median building area 59 sf 58 sf 113 sf
Median year built 1965 1947 1962
Average number of units 18 14 11
Median number of units 2 2 6

Fayette County commercial real estate total supply

There are 15,656 commercial real estate properties in Fayette County. This is 196% below the Illinois average. The total acerage is 106,201 acres and the aggregate building area for commercial real estate properties in Fayette County is 3,816 sf.

Supply United States Illinois Fayette County
Number of parcels 50,471,951 2,041,858 15,656
Aggregate lot acerage 585,729,504 11,176,193 106,201
Aggregate building area 7,434,859,242 sf 25,496,286 sf 3,816 sf
Aggregate units 72,446,861 2,543,258 261

Fayette County commercial real estate industrial mortgages

Debt United States Illinois Fayette County
Number of mortgages 22,566,809 906,983 --
Average value of mortgages $5,859,845 $9,009,226 --

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