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 $20,956. Commercial real estate sale prices in Shelby County have a median of $75,091. The last 24 months of sales history has seen 834 sales, with 139 sales greater than $250,000, 22 sales valued at over $1,000,000, and 2 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 $58.

Values and sold prices (last 24 months) United States Illinois Shelby County
Average price/sqft $1,429 $328 $79
Median price/sqft $115 $105 $58
Average sold price $1,175,028 $1,495,239 $413,653
Median sold price $192,662 $189,608 $75,091
Number of sales 3,653,861 138,679 834
Number of sales over $250k 1,530,048 57,466 139
Number of sales over $1m 369,680 16,398 22
Number of sales over $10m 55,427 2,843 2
Average total tax amount $5,912 $8,914 $1,571
Average assessed value $302,534 $64,065 $20,956
Average market value $377,431 $272,532 $63,720

Shelby County commercial real estate property averages

The average lot size of commercial real estate properties in Shelby County is 421,145 sf. This is 190% above the Illinois average.

Property averages United States Illinois Shelby County
Average lot size 818,966 sf 379,359 sf 1,273,985 sf
Median lot size 24,701 sf 10,418 sf 421,145 sf
Average building area 1,170 sf 195 sf 81 sf
Median building area 73 sf 81 sf 54 sf
Median year built 1970 1959 1959
Average number of units 16 9 4
Median number of units 2 2 2

Shelby County commercial real estate total supply

There are 16,445 commercial real estate properties in Shelby County. This is 197% below the Illinois average. The total acerage is 108,037 acres and the aggregate building area for commercial real estate properties in Shelby County is 68,297 sf.

Supply United States Illinois Shelby County
Number of parcels 57,284,908 2,456,673 16,445
Aggregate lot acerage 883,661,852 11,835,035 108,037
Aggregate building area 8,074,578,464 sf 58,160,444 sf 68,297 sf
Aggregate units 87,963,611 2,394,329 19

Shelby County commercial real estate industrial mortgages

There are 1,986 mortgages for commercial real estate properties across Shelby County in the Reonomy database. The average value of those mortgages is $1,076,862. This is 135% below the Illinois average.

Debt United States Illinois Shelby County
Number of mortgages 39,329,028 3,179,390 1,986
Average value of mortgages $5,222,868 $5,580,890 $1,076,862

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