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 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|
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||--|