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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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.

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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 $90,000. The last 24 months of sales history has seen 374 sales, with 116 sales greater than $250,000, 31 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 price/sqft $1,504 $306 $50
Median price/sqft $101 $84 $26
Average sold price $1,208,179 $1,434,570 $399,302
Median sold price $192,330 $213,786 $90,000
Number of sales 2,773,382 91,544 374
Number of sales over $250k 1,175,770 42,161 116
Number of sales over $1m 307,158 13,551 31
Number of sales over $10m 46,620 2,120 --
Average total tax amount $6,485 $10,185 $1,336
Average assessed value $294,398 $60,425 $16,797
Average market value $346,187 $235,307 $20,821

Shelby County commercial real estate property averages

The average lot size of commercial real estate properties in Shelby County is 1,098,729 sf. This is 196% above the Illinois average.

Property averages United States Illinois Shelby County
Average lot size 837,124 sf 461,621 sf 1,600,146 sf
Median lot size 25,573 sf 10,518 sf 1,098,729 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 684,372,739 10,870,041 70,933
Aggregate building area 7,014,559,228 sf 41,380,632 sf 3,582 sf
Aggregate units 92,533,415 3,124,144 13

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 16,069,979 1,250,590 319
Average value of mortgages $8,736,706 $10,629,242 $1,879,688

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