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 $21,624. Commercial real estate sale prices in Shelby County have a median of $79,750. The last 24 months of sales history has seen 824 sales, with 151 sales greater than $250,000, 15 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 $60.

Values and sold prices (last 24 months) United States Illinois Shelby County
Average price/sqft $1,330 $346 $84
Median price/sqft $117 $107 $60
Average sold price $1,135,318 $1,453,342 $415,725
Median sold price $196,105 $192,893 $79,750
Number of sales 3,869,903 143,914 824
Number of sales over $250k 1,636,202 60,196 151
Number of sales over $1m 384,130 16,971 15
Number of sales over $10m 55,628 2,897 2
Average total tax amount $5,974 $8,862 $1,545
Average assessed value $307,763 $64,077 $21,624
Average market value $389,458 $267,710 $65,860

Shelby County commercial real estate property averages

The average lot size of commercial real estate properties in Shelby County is 431,331 sf. This is 190% above the Illinois average.

Property averages United States Illinois Shelby County
Average lot size 818,509 sf 382,037 sf 1,291,637 sf
Median lot size 24,527 sf 10,480 sf 431,331 sf
Average building area 1,113 sf 197 sf 82 sf
Median building area 75 sf 82 sf 56 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 16,446 commercial real estate properties in Shelby County. This is 197% below the Illinois average. The total acerage is 115,642 acres and the aggregate building area for commercial real estate properties in Shelby County is 72,881 sf.

Supply United States Illinois Shelby County
Number of parcels 57,794,383 2,470,214 16,446
Aggregate lot acerage 971,055,037 12,066,582 115,642
Aggregate building area 7,965,114,869 sf 59,216,030 sf 72,881 sf
Aggregate units 87,826,320 2,401,453 19

Shelby County commercial real estate industrial mortgages

There are 2,171 mortgages for commercial real estate properties across Shelby County in the Reonomy database. The average value of those mortgages is $9,443,133. This is 50% above the Illinois average.

Debt United States Illinois Shelby County
Number of mortgages 40,595,359 3,235,184 2,171
Average value of mortgages $5,215,187 $5,618,277 $9,443,133

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