Commercial real estate in Shelby County
Search commercial real estate records in Shelby County to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Shelby County commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.
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Popular searches around Shelby County
Reonomy operates the most comprehensive database for Shelby County Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Shelby County commercial real estate professionals. Members from Shelby County include brokers, investors and service providers, many of whom specialize in Shelby County Commercial Real Estate.
Shelby County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Shelby County is $16,797. Commercial real estate sale prices in Shelby County have a median of $89,812. The last 24 months of sales history has seen 413 sales, with 129 sales greater than $250,000, 32 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Shelby County over the last 24 months is $26.
|Values and sold prices (last 24 months)||United States||Illinois||Shelby County|
|Average sold price||$1,190,870||$1,418,859||$383,431|
|Median sold price||$190,281||$210,327||$89,812|
|Number of sales||3,017,432||99,899||413|
|Number of sales over $250k||1,271,384||45,633||129|
|Number of sales over $1m||333,285||14,575||32|
|Number of sales over $10m||50,330||2,258||--|
|Average total tax amount||$6,485||$10,184||$1,336|
|Average assessed value||$294,387||$60,416||$16,797|
|Average market value||$346,179||$235,292||$20,821|
Shelby County commercial real estate property averages
The average lot size of commercial real estate properties in Shelby County is 1,098,451 sf. This is 196% above the Illinois average.
|Property averages||United States||Illinois||Shelby County|
|Average lot size||837,082 sf||461,528 sf||1,600,146 sf|
|Median lot size||25,566 sf||10,491 sf||1,098,451 sf|
|Average building area||1,314 sf||223 sf||44 sf|
|Median building area||60 sf||61 sf||20 sf|
|Median year built||1964||1938||1938|
|Average number of units||21||13||13|
|Median number of units||2||3||13|
Shelby County commercial real estate total supply
There are 12,781 commercial real estate properties in Shelby County. This is 197% below the Illinois average. The total acerage is 70,933 acres and the aggregate building area for commercial real estate properties in Shelby County is 3,582 sf.
|Supply||United States||Illinois||Shelby County|
|Number of parcels||51,649,673||2,067,412||12,781|
|Aggregate lot acerage||684,529,598||10,870,900||70,933|
|Aggregate building area||7,014,589,675 sf||41,381,639 sf||3,582 sf|
Shelby County commercial real estate industrial mortgages
There are 319 mortgages for commercial real estate properties across Shelby County in the Reonomy database. The average value of those mortgages is $1,879,688. This is 139% below the Illinois average.
|Debt||United States||Illinois||Shelby County|
|Number of mortgages||16,072,383||1,250,889||319|
|Average value of mortgages||$8,736,236||$10,629,589||$1,879,688|