Commercial Real Estate in Indianapolis | Reonomy

Commercial Real Estate in Indianapolis

Unlock property data on 74,564 commercial properties in Indianapolis. Search through Indianapolis property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Indianapolis commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Indiana Indianapolis
Average price/sqft $902 $2,279 $3,300
Average sold price $977,667 $640,710 $676,294
Median sold price $198,430 $145,770 $193,620
Number of sales 2,619,546 47,644 2,934
Number of sales over $250k 1,116,847 15,346 1,139
Number of sales over $1m 252,938 2,703 307
Number of sales over $10m 34,725 244 22
Average total tax amount $7,209 $2,552 $6,839
Average assessed value $251,442 $126,509 $275,138
Average market value $357,014 $121,887 $274,765

Indianapolis commercial real estate property averages

Property averages United States Indiana Indianapolis
Average lot size -- 623,550 sf 291,383 sf
Median lot size -- 31,564 sf 6,959 sf
Average building area -- 189 sf 413 sf
Median building area -- 37 sf 51 sf
Median year built -- 1961 1945
Average number of units -- 7 8
Median number of units -- 2 2

Indianapolis commercial real estate total supply

Supply United States Indiana Indianapolis
Number of parcels 58,466,290 1,476,412 74,926
Aggregate lot acerage -- 146,692,691 96,768,794
Aggregate building area -- 20,322,061 sf 3,852,265 sf
Aggregate units -- 449,543 97,714

Indianapolis commercial real estate industrial mortgages

Debt United States Indiana Indianapolis
Number of mortgages -- 490,744 66,201
Average value of mortgages -- $5,784,083 $9,347,062

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