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 $41,086. Commercial real estate sale prices in Martin County have a median of $19,250. The last 24 months of sales history has seen 2 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 price/sqft $1,378 $426 --
Median price/sqft $115 $54 --
Average sold price $1,165,701 $910,322 $19,250
Median sold price $191,585 $109,681 $19,250
Number of sales 3,792,555 72,506 2
Number of sales over $250k 1,582,899 20,661 --
Number of sales over $1m 382,306 3,995 --
Number of sales over $10m 56,895 646 --
Average total tax amount $5,903 $2,691 $627
Average assessed value $273,876 $127,161 $41,086
Average market value $321,121 $127,158 $41,086

Martin County commercial real estate property averages

The average lot size of commercial real estate properties in Martin County is 217,895 sf. This is 148% above the Indiana average.

Property averages United States Indiana Martin County
Average lot size 819,005 sf 625,795 sf 806,695 sf
Median lot size 24,647 sf 32,310 sf 217,895 sf
Average building area 1,154 sf 226 sf 75 sf
Median building area 73 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 16,299 sf.

Supply United States Indiana Martin County
Number of parcels 57,284,908 1,453,273 6,521
Aggregate lot acerage 883,443,165 98,068,974 21,111
Aggregate building area 8,000,125,404 sf 21,736,010 sf 16,299 sf
Aggregate units 87,885,529 437,606 71

Martin County commercial real estate industrial mortgages

Debt United States Indiana Martin County
Number of mortgages 38,424,679 442,714 --
Average value of mortgages $5,273,949 $5,861,803 --

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