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 $37,992. Commercial real estate sale prices in Martin County have a median of $27,500. The last 24 months of sales history has seen 76 sales, with 5 sales greater than $250,000, 0 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 Martin County over the last 24 months is $29.
|Values and sold prices (last 24 months)||United States||Indiana||Martin County|
|Average sold price||$1,215,213||$925,444||$69,644|
|Median sold price||$186,304||$24,433||$27,500|
|Number of sales||2,886,754||66,628||76|
|Number of sales over $250k||1,202,594||14,715||5|
|Number of sales over $1m||323,569||3,213||--|
|Number of sales over $10m||49,909||482||--|
|Average total tax amount||$6,520||$2,804||$574|
|Average assessed value||$288,098||$127,446||$37,992|
|Average market value||$329,971||$127,447||$37,992|
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 149% above the Indiana average.
|Property averages||United States||Indiana||Martin County|
|Average lot size||841,144 sf||578,195 sf||822,159 sf|
|Median lot size||25,552 sf||31,346 sf||217,800 sf|
|Average building area||1,521 sf||255 sf||40 sf|
|Median building area||59 sf||11 sf||19 sf|
|Median year built||1964||1962||1965|
|Average number of units||20||20||4|
|Median number of units||2||6||--|
Martin County commercial real estate total supply
There are 5,510 commercial real estate properties in Martin County. This is 198% below the Indiana average. The total acerage is 17,779 acres and the aggregate building area for commercial real estate properties in Martin County is 3,619 sf.
|Supply||United States||Indiana||Martin County|
|Number of parcels||51,092,560||1,262,725||5,510|
|Aggregate lot acerage||616,568,166||37,378,574||17,779|
|Aggregate building area||7,966,355,086 sf||17,172,646 sf||3,619 sf|
Martin County commercial real estate industrial mortgages
|Debt||United States||Indiana||Martin County|
|Number of mortgages||15,805,722||165,928||--|
|Average value of mortgages||$8,744,434||$10,640,674||--|