Commercial real estate in Martin County

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Martin County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Martin County is $41,554. Commercial real estate sale prices in Martin County have a median of $78,800.

Values and sold prices (last 24 months) United States Indiana Martin County
Average price/sqft $1,330 $437 --
Median price/sqft $117 $69 --
Average sold price $1,135,318 $1,057,473 $78,800
Median sold price $196,105 $126,288 $78,800
Number of sales 3,869,903 72,158 --
Number of sales over $250k 1,636,202 21,725 --
Number of sales over $1m 384,130 4,175 --
Number of sales over $10m 55,628 730 --
Average total tax amount $5,974 $2,745 $672
Average assessed value $307,763 $135,296 $41,554
Average market value $389,458 $135,296 $41,554

Martin County commercial real estate property averages

The average lot size of commercial real estate properties in Martin County is 218,358 sf. This is 148% above the Indiana average.

Property averages United States Indiana Martin County
Average lot size 818,509 sf 626,565 sf 811,258 sf
Median lot size 24,527 sf 32,034 sf 218,358 sf
Average building area 1,113 sf 239 sf 75 sf
Median building area 75 sf 35 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 21,305 acres and the aggregate building area for commercial real estate properties in Martin County is 16,304 sf.

Supply United States Indiana Martin County
Number of parcels 57,794,383 1,469,388 6,521
Aggregate lot acerage 971,055,037 146,574,997 21,305
Aggregate building area 7,965,114,869 sf 25,010,975 sf 16,304 sf
Aggregate units 87,826,320 443,962 71

Martin County commercial real estate industrial mortgages

Debt United States Indiana Martin County
Number of mortgages 40,595,359 468,395 --
Average value of mortgages $5,215,187 $5,877,816 --

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