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 $17,422.

Values and sold prices (last 24 months) United States Illinois Fayette County
Average price/sqft $1,286 $356 --
Median price/sqft $117 $107 --
Average sold price $1,118,542 $1,418,365 --
Median sold price $196,083 $188,227 --
Number of sales 3,934,359 146,307 --
Number of sales over $250k 1,663,881 60,315 --
Number of sales over $1m 387,932 16,950 --
Number of sales over $10m 55,602 2,896 --
Average total tax amount $9,232 $8,890 $1,239
Average assessed value $312,101 $64,559 $17,422
Average market value $400,634 $267,794 $48,091

Fayette County commercial real estate property averages

The average lot size of commercial real estate properties in Fayette County is 79,560 sf. This is 153% above the Illinois average.

Property averages United States Illinois Fayette County
Average lot size 816,803 sf 381,834 sf 696,460 sf
Median lot size 24,448 sf 10,487 sf 79,560 sf
Average building area 1,134 sf 201 sf 75 sf
Median building area 76 sf 82 sf 35 sf
Median year built 1970 1959 1943
Average number of units 16 9 13
Median number of units 2 2 4

Fayette County commercial real estate total supply

There are 21,515 commercial real estate properties in Fayette County. This is 196% below the Illinois average. The total acerage is 133,710 acres and the aggregate building area for commercial real estate properties in Fayette County is 7,998 sf.

Supply United States Illinois Fayette County
Number of parcels 58,091,739 2,479,916 21,515
Aggregate lot acerage 976,485,427 12,124,242 133,710
Aggregate building area 8,209,502,265 sf 61,432,362 sf 7,998 sf
Aggregate units 88,640,560 2,401,112 247

Fayette County commercial real estate industrial mortgages

Debt United States Illinois Fayette County
Number of mortgages 40,876,180 3,255,671 --
Average value of mortgages $5,210,547 $5,600,375 --

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