Commercial real estate in Shelby County

Search commercial real estate records in Shelby County to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Shelby County commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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Reonomy operates the most comprehensive database for Shelby 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 Shelby County commercial real estate professionals. Members from Shelby County include brokers, investors and service providers, many of whom specialize in Shelby County Commercial Real Estate.

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Shelby County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Shelby County is $103,434. The last 24 months of sales history has seen 664 sales, with 105 sales greater than $250,000, 17 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 Shelby County over the last 24 months is $16.

Values and sold prices (last 24 months) United States Indiana Shelby County
Average price/sqft $1,569 $443 $48
Median price/sqft $101 $13 $16
Average sold price $1,215,213 $925,444 $528,891
Median sold price $186,304 $24,433 --
Number of sales 2,886,754 66,628 664
Number of sales over $250k 1,202,594 14,715 105
Number of sales over $1m 323,569 3,213 17
Number of sales over $10m 49,909 482 --
Average total tax amount $6,520 $2,804 $2,158
Average assessed value $288,098 $127,446 $103,434
Average market value $329,971 $127,447 $103,434

Shelby County commercial real estate property averages

The average lot size of commercial real estate properties in Shelby County is 125,551 sf. This is 120% above the Indiana average.

Property averages United States Indiana Shelby County
Average lot size 841,144 sf 578,195 sf 775,621 sf
Median lot size 25,552 sf 31,346 sf 125,551 sf
Average building area 1,521 sf 255 sf 87 sf
Median building area 59 sf 11 sf 1 sf
Median year built 1964 1962 1959
Average number of units 20 20 15
Median number of units 2 6 5

Shelby County commercial real estate total supply

There are 13,425 commercial real estate properties in Shelby County. This is 195% below the Indiana average. The total acerage is 93,391 acres and the aggregate building area for commercial real estate properties in Shelby County is 40,566 sf.

Supply United States Indiana Shelby County
Number of parcels 51,092,560 1,262,725 13,425
Aggregate lot acerage 616,568,166 37,378,574 93,391
Aggregate building area 7,966,355,086 sf 17,172,646 sf 40,566 sf
Aggregate units 90,620,061 400,388 1,909

Shelby County commercial real estate industrial mortgages

There are 1,579 mortgages for commercial real estate properties across Shelby County in the Reonomy database. The average value of those mortgages is $5,837,165. This is 58% below the Indiana average.

Debt United States Indiana Shelby County
Number of mortgages 15,805,722 165,928 1,579
Average value of mortgages $8,744,434 $10,640,674 $5,837,165

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