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 $182,261. Commercial real estate sale prices in Albany have a median of $21,293. The last 24 months of sales history has seen 491 sales, with 113 sales greater than $250,000, 25 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 $22.

Values and sold prices (last 24 months) United States Indiana Albany
Average price/sqft $1,705 $490 $83
Median price/sqft $102 $28 $22
Average sold price $1,142,916 $984,053 $645,999
Median sold price $184,633 $60,779 $21,293
Number of sales 2,575,118 55,295 491
Number of sales over $250k 1,062,401 13,274 113
Number of sales over $1m 274,215 2,988 25
Number of sales over $10m 41,633 469 3
Average total tax amount $6,270 $3,144 $3,934
Average assessed value $264,902 $141,168 $182,261
Average market value $262,012 $141,168 $182,261

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 11,938 sf. This is 94% below the Indiana average.

Property averages United States Indiana Albany
Average lot size 898,915 sf 591,926 sf 207,020 sf
Median lot size 30,135 sf 33,522 sf 11,938 sf
Average building area 1,798 sf 279 sf 66 sf
Median building area 59 sf 16 sf 7 sf
Median year built 1964 1964 1956
Average number of units 18 20 15
Median number of units 2 6 6

Albany commercial real estate total supply

There are 7,865 commercial real estate properties in Albany. This is 197% below the Indiana average. The total acerage is 15,189 acres and the aggregate building area for commercial real estate properties in Albany is 35,192 sf.

Supply United States Indiana Albany
Number of parcels 50,471,951 1,262,121 7,865
Aggregate lot acerage 585,742,590 37,628,868 15,189
Aggregate building area 7,434,860,070 sf 12,823,267 sf 35,192 sf
Aggregate units 72,447,063 452,296 4,621

Albany commercial real estate industrial mortgages

There are 2,551 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $2,153,030. This is 110% below the Indiana average.

Debt United States Indiana Albany
Number of mortgages 22,566,822 367,376 2,551
Average value of mortgages $5,859,843 $7,431,681 $2,153,030

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