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 $9,977.

Values and sold prices (last 24 months) United States Illinois Fayette County
Average price/sqft $1,569 $298 --
Median price/sqft $101 $84 --
Average sold price $1,215,213 $1,460,186 --
Median sold price $186,304 $207,182 --
Number of sales 2,886,754 96,955 --
Number of sales over $250k 1,202,594 44,025 --
Number of sales over $1m 323,569 14,281 --
Number of sales over $10m 49,909 2,212 --
Average total tax amount $6,520 $10,268 $878
Average assessed value $288,098 $59,426 $9,977
Average market value $329,971 $231,445 $19,699

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 841,144 sf 460,207 sf 1,177,772 sf
Median lot size 25,552 sf 10,429 sf 871,200 sf
Average building area 1,521 sf 214 sf 207 sf
Median building area 59 sf 60 sf 15 sf
Median year built 1964 1936 1942
Average number of units 20 13 11
Median number of units 2 3 6

Fayette County commercial real estate total supply

There are 15,664 commercial real estate properties in Fayette County. This is 196% below the Illinois average. The total acerage is 106,394 acres and the aggregate building area for commercial real estate properties in Fayette County is 3,934 sf.

Supply United States Illinois Fayette County
Number of parcels 51,092,560 2,048,837 15,664
Aggregate lot acerage 616,568,166 10,681,860 106,394
Aggregate building area 7,966,355,086 sf 39,417,216 sf 3,934 sf
Aggregate units 90,620,061 3,121,244 261

Fayette County commercial real estate industrial mortgages

Debt United States Illinois Fayette County
Number of mortgages 15,805,722 1,240,902 --
Average value of mortgages $8,744,434 $10,611,418 --

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