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 $176,126. Commercial real estate sale prices in Albany have a median of $100,000. The last 24 months of sales history has seen 445 sales, with 107 sales greater than $250,000, 24 sales valued at over $1,000,000, and 3 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 $45.

Values and sold prices (last 24 months) United States Indiana Albany
Average price/sqft $1,383 $431 $237
Median price/sqft $117 $68 $45
Average sold price $1,121,868 $1,016,882 $796,095
Median sold price $194,935 $122,654 $100,000
Number of sales 3,907,581 73,111 445
Number of sales over $250k 1,646,046 21,792 107
Number of sales over $1m 386,972 4,199 24
Number of sales over $10m 55,955 726 3
Average total tax amount $5,932 $2,750 $3,664
Average assessed value $307,066 $135,504 $176,126
Average market value $388,214 $135,504 $176,126

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 11,467 sf. This is 94% below the Indiana average.

Property averages United States Indiana Albany
Average lot size 816,882 sf 626,805 sf 243,405 sf
Median lot size 24,485 sf 31,945 sf 11,467 sf
Average building area 1,138 sf 236 sf 101 sf
Median building area 75 sf 35 sf 15 sf
Median year built 1970 1961 1953
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 20,160 acres and the aggregate building area for commercial real estate properties in Albany is 98,560 sf.

Supply United States Indiana Albany
Number of parcels 57,794,383 1,469,388 8,644
Aggregate lot acerage 958,750,430 146,537,526 20,160
Aggregate building area 8,137,456,057 sf 24,600,960 sf 98,560 sf
Aggregate units 87,699,574 442,527 5,006

Albany commercial real estate industrial mortgages

There are 2,607 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $1,358,915. This is 124% below the Indiana average.

Debt United States Indiana Albany
Number of mortgages 40,416,832 463,635 2,607
Average value of mortgages $5,210,150 $5,809,687 $1,358,915

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