Commercial real estate in Albany

Search commercial real estate records in Albany 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 Albany 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 Albany 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 Albany commercial real estate professionals. Members from Albany include brokers, investors and service providers, many of whom specialize in Albany Commercial Real Estate.

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Albany commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Albany is $177,088. Commercial real estate sale prices in Albany have a median of $95,857. The last 24 months of sales history has seen 479 sales, with 131 sales greater than $250,000, 23 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 Albany over the last 24 months is $43.

Values and sold prices (last 24 months) United States Indiana Albany
Average price/sqft $1,429 $485 $251
Median price/sqft $115 $54 $43
Average sold price $1,175,028 $938,831 $486,235
Median sold price $192,662 $112,355 $95,857
Number of sales 3,653,861 69,779 479
Number of sales over $250k 1,530,048 20,131 131
Number of sales over $1m 369,680 3,903 23
Number of sales over $10m 55,427 644 --
Average total tax amount $5,912 $2,666 $3,711
Average assessed value $302,534 $135,672 $177,088
Average market value $377,431 $135,669 $177,088

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 11,333 sf. This is 95% below the Indiana average.

Property averages United States Indiana Albany
Average lot size 818,966 sf 625,781 sf 261,523 sf
Median lot size 24,701 sf 32,245 sf 11,333 sf
Average building area 1,170 sf 240 sf 100 sf
Median building area 73 sf 32 sf 13 sf
Median year built 1970 1960 1953
Average number of units 16 7 9
Median number of units 2 2 3

Albany commercial real estate total supply

There are 8,447 commercial real estate properties in Albany. This is 197% below the Indiana average. The total acerage is 21,067 acres and the aggregate building area for commercial real estate properties in Albany is 93,651 sf.

Supply United States Indiana Albany
Number of parcels 57,284,908 1,453,273 8,447
Aggregate lot acerage 883,661,852 98,067,794 21,067
Aggregate building area 8,074,578,464 sf 23,057,032 sf 93,651 sf
Aggregate units 87,963,611 437,602 4,956

Albany commercial real estate industrial mortgages

There are 2,459 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $1,361,406. This is 124% below the Indiana average.

Debt United States Indiana Albany
Number of mortgages 39,329,028 442,714 2,459
Average value of mortgages $5,222,868 $5,861,803 $1,361,406

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