Commercial real estate in Martin County
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Reonomy operates the most comprehensive database for Martin County 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 Martin County commercial real estate professionals. Members from Martin County include brokers, investors and service providers, many of whom specialize in Martin County Commercial Real Estate.
Martin County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Martin County is $41,086. The last 24 months of sales history has seen 8 sales, with 0 sales greater than $250,000, 0 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000.
|Values and sold prices (last 24 months)||United States||Indiana||Martin County|
|Average sold price||$1,156,242||$894,238||$4,812|
|Median sold price||$191,000||$101,160||--|
|Number of sales||3,805,208||74,646||8|
|Number of sales over $250k||1,584,738||20,670||--|
|Number of sales over $1m||382,812||4,025||--|
|Number of sales over $10m||56,911||630||--|
|Average total tax amount||$5,892||$2,692||$627|
|Average assessed value||$278,687||$127,193||$41,086|
|Average market value||$332,172||$127,193||$41,086|
Martin County commercial real estate property averages
The average lot size of commercial real estate properties in Martin County is 217,800 sf. This is 148% above the Indiana average.
|Property averages||United States||Indiana||Martin County|
|Average lot size||821,310 sf||625,809 sf||806,695 sf|
|Median lot size||24,668 sf||32,284 sf||217,800 sf|
|Average building area||1,166 sf||233 sf||75 sf|
|Median building area||72 sf||31 sf||34 sf|
|Median year built||1970||1960||1974|
|Average number of units||16||7||3|
|Median number of units||2||2||2|
Martin County commercial real estate total supply
There are 6,521 commercial real estate properties in Martin County. This is 198% below the Indiana average. The total acerage is 21,111 acres and the aggregate building area for commercial real estate properties in Martin County is 16,291 sf.
|Supply||United States||Indiana||Martin County|
|Number of parcels||57,100,258||1,453,270||6,521|
|Aggregate lot acerage||889,406,266||98,012,496||21,111|
|Aggregate building area||7,952,434,425 sf||22,251,671 sf||16,291 sf|
Martin County commercial real estate industrial mortgages
|Debt||United States||Indiana||Martin County|
|Number of mortgages||38,063,329||435,488||--|
|Average value of mortgages||$5,250,500||$5,886,630||--|