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 $10,871.

Values and sold prices (last 24 months) United States Illinois Fayette County
Average price/sqft $1,504 $306 --
Median price/sqft $101 $84 --
Average sold price $1,208,179 $1,434,570 --
Median sold price $192,594 $213,730 --
Number of sales 2,773,382 91,544 --
Number of sales over $250k 1,175,770 42,161 --
Number of sales over $1m 307,158 13,551 --
Number of sales over $10m 46,620 2,120 --
Average total tax amount $6,485 $10,185 $904
Average assessed value $294,400 $60,424 $10,871
Average market value $346,195 $235,306 $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 837,155 sf 461,611 sf 1,172,165 sf
Median lot size 25,565 sf 10,521 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 684,407,114 10,870,064 106,802
Aggregate building area 7,014,561,037 sf 41,380,742 sf 4,079 sf
Aggregate units 92,534,440 3,124,180 275

Fayette County commercial real estate industrial mortgages

Debt United States Illinois Fayette County
Number of mortgages 16,070,158 1,250,606 --
Average value of mortgages $8,736,614 $10,629,103 --

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