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 $20,869. Commercial real estate sale prices in Shelby County have a median of $80,000. The last 24 months of sales history has seen 905 sales, with 165 sales greater than $250,000, 27 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 $1,344 $337 $79
Median price/sqft $115 $105 $58
Average sold price $1,162,392 $1,465,749 $408,635
Median sold price $191,467 $188,022 $80,000
Number of sales 3,863,764 147,370 905
Number of sales over $250k 1,613,612 60,718 165
Number of sales over $1m 389,810 17,254 27
Number of sales over $10m 58,005 2,929 2
Average total tax amount $5,906 $9,160 $1,578
Average assessed value $273,996 $60,167 $20,869
Average market value $321,051 $228,563 $32,111

Shelby County commercial real estate property averages

The average lot size of commercial real estate properties in Shelby County is 403,240 sf. This is 189% above the Illinois average.

Property averages United States Illinois Shelby County
Average lot size 819,068 sf 379,875 sf 1,272,401 sf
Median lot size 24,646 sf 10,377 sf 403,240 sf
Average building area 1,164 sf 199 sf 81 sf
Median building area 73 sf 81 sf 54 sf
Median year built 1970 1959 1958
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 107,026 acres and the aggregate building area for commercial real estate properties in Shelby County is 68,560 sf.

Supply United States Illinois Shelby County
Number of parcels 57,284,908 2,456,675 16,445
Aggregate lot acerage 882,586,122 11,802,830 107,026
Aggregate building area 8,038,750,738 sf 59,150,729 sf 68,560 sf
Aggregate units 87,804,464 2,383,373 19

Shelby County commercial real estate industrial mortgages

There are 1,973 mortgages for commercial real estate properties across Shelby County in the Reonomy database. The average value of those mortgages is $1,081,294. This is 134% below the Illinois average.

Debt United States Illinois Shelby County
Number of mortgages 38,333,712 3,175,241 1,973
Average value of mortgages $5,270,730 $5,560,661 $1,081,294

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