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 $41,562.

Values and sold prices (last 24 months) United States Indiana Martin County
Average price/sqft $1,441 $459 --
Median price/sqft $116 $55 --
Average sold price $1,152,438 $1,065,537 --
Median sold price $194,558 $118,053 --
Number of sales 3,865,677 72,243 --
Number of sales over $250k 1,626,715 21,160 --
Number of sales over $1m 387,539 4,154 --
Number of sales over $10m 57,686 695 --
Average total tax amount $5,994 $2,677 $672
Average assessed value $308,174 $135,480 $41,562
Average market value $389,450 $135,477 $41,562

Martin County commercial real estate property averages

The average lot size of commercial real estate properties in Martin County is 218,039 sf. This is 148% above the Indiana average.

Property averages United States Indiana Martin County
Average lot size 818,756 sf 625,642 sf 806,695 sf
Median lot size 24,545 sf 32,272 sf 218,039 sf
Average building area 1,144 sf 237 sf 75 sf
Median building area 74 sf 32 sf 34 sf
Median year built 1969 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 16,292 sf.

Supply United States Indiana Martin County
Number of parcels 57,574,886 1,453,658 6,521
Aggregate lot acerage 902,778,622 98,150,724 21,111
Aggregate building area 8,065,475,157 sf 22,973,310 sf 16,292 sf
Aggregate units 87,857,722 440,555 71

Martin County commercial real estate industrial mortgages

Debt United States Indiana Martin County
Number of mortgages 40,017,848 452,943 --
Average value of mortgages $5,224,996 $5,849,145 --

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