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 $177,201. Commercial real estate sale prices in Albany have a median of $141,931. The last 24 months of sales history has seen 398 sales, with 113 sales greater than $250,000, 30 sales valued at over $1,000,000, and 5 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 $57.

Values and sold prices (last 24 months) United States Indiana Albany
Average price/sqft $1,286 $409 $250
Median price/sqft $117 $70 $57
Average sold price $1,118,542 $1,576,537 $1,190,264
Median sold price $196,083 $129,234 $141,931
Number of sales 3,934,359 75,623 398
Number of sales over $250k 1,663,881 23,039 113
Number of sales over $1m 387,932 4,505 30
Number of sales over $10m 55,602 829 5
Average total tax amount $9,232 $2,784 $3,699
Average assessed value $312,101 $135,019 $177,201
Average market value $400,634 $135,016 $177,201

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 11,627 sf. This is 92% below the Indiana average.

Property averages United States Indiana Albany
Average lot size 816,803 sf 623,538 sf 245,361 sf
Median lot size 24,448 sf 31,723 sf 11,627 sf
Average building area 1,134 sf 231 sf 102 sf
Median building area 76 sf 36 sf 16 sf
Median year built 1970 1960 1954
Average number of units 16 7 9
Median number of units 2 2 2

Albany commercial real estate total supply

There are 8,644 commercial real estate properties in Albany. This is 197% below the Indiana average. The total acerage is 20,570 acres and the aggregate building area for commercial real estate properties in Albany is 99,156 sf.

Supply United States Indiana Albany
Number of parcels 58,091,739 1,474,813 8,644
Aggregate lot acerage 976,485,427 146,612,798 20,570
Aggregate building area 8,209,502,265 sf 24,513,185 sf 99,156 sf
Aggregate units 88,640,560 446,178 5,062

Albany commercial real estate industrial mortgages

There are 2,689 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $1,405,781. This is 122% below the Indiana average.

Debt United States Indiana Albany
Number of mortgages 40,876,180 478,361 2,689
Average value of mortgages $5,210,547 $5,860,246 $1,405,781

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