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 $163,152. Commercial real estate sale prices in Albany have a median of $81,296. The last 24 months of sales history has seen 525 sales, with 131 sales greater than $250,000, 25 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 $36.

Values and sold prices (last 24 months) United States Indiana Albany
Average price/sqft $1,344 $420 $223
Median price/sqft $115 $54 $36
Average sold price $1,162,392 $918,696 $454,083
Median sold price $191,467 $107,267 $81,296
Number of sales 3,863,764 74,462 525
Number of sales over $250k 1,613,612 21,094 131
Number of sales over $1m 389,810 4,143 25
Number of sales over $10m 58,005 660 --
Average total tax amount $5,906 $2,690 $4,083
Average assessed value $273,996 $127,133 $163,152
Average market value $321,051 $127,131 $163,152

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 11,334 sf. This is 96% below the Indiana average.

Property averages United States Indiana Albany
Average lot size 819,068 sf 625,808 sf 261,617 sf
Median lot size 24,646 sf 32,293 sf 11,334 sf
Average building area 1,164 sf 228 sf 98 sf
Median building area 73 sf 31 sf 11 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 21,062 acres and the aggregate building area for commercial real estate properties in Albany is 91,726 sf.

Supply United States Indiana Albany
Number of parcels 57,284,908 1,453,273 8,447
Aggregate lot acerage 882,586,122 98,049,850 21,062
Aggregate building area 8,038,750,738 sf 21,880,485 sf 91,726 sf
Aggregate units 87,804,464 436,777 4,956

Albany commercial real estate industrial mortgages

There are 2,458 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $1,361,856. This is 124% below the Indiana average.

Debt United States Indiana Albany
Number of mortgages 38,333,712 440,415 2,458
Average value of mortgages $5,270,730 $5,876,673 $1,361,856

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