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 $17,098.

Values and sold prices (last 24 months) United States Illinois Fayette County
Average price/sqft $1,414 $334 --
Median price/sqft $116 $105 --
Average sold price $1,182,492 $1,491,347 --
Median sold price $193,952 $190,508 --
Number of sales 3,924,050 146,542 --
Number of sales over $250k 1,648,089 60,841 --
Number of sales over $1m 393,899 17,168 --
Number of sales over $10m 59,129 2,978 --
Average total tax amount $6,007 $8,907 $1,239
Average assessed value $308,479 $63,969 $17,098
Average market value $389,707 $270,911 $65,352

Fayette County commercial real estate property averages

The average lot size of commercial real estate properties in Fayette County is 78,289 sf. This is 152% above the Illinois average.

Property averages United States Illinois Fayette County
Average lot size 818,720 sf 380,610 sf 696,349 sf
Median lot size 24,562 sf 10,435 sf 78,289 sf
Average building area 1,166 sf 199 sf 75 sf
Median building area 74 sf 81 sf 34 sf
Median year built 1970 1959 1943
Average number of units 16 9 11
Median number of units 2 2 4

Fayette County commercial real estate total supply

There are 21,271 commercial real estate properties in Fayette County. This is 196% below the Illinois average. The total acerage is 133,721 acres and the aggregate building area for commercial real estate properties in Fayette County is 7,834 sf.

Supply United States Illinois Fayette County
Number of parcels 57,574,886 2,461,424 21,271
Aggregate lot acerage 900,770,598 11,918,524 133,721
Aggregate building area 8,205,691,017 sf 59,417,795 sf 7,834 sf
Aggregate units 87,745,593 2,397,356 196

Fayette County commercial real estate industrial mortgages

Debt United States Illinois Fayette County
Number of mortgages 39,848,711 3,198,854 --
Average value of mortgages $5,223,655 $5,615,429 --

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