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 $121,240. Commercial real estate sale prices in Shelby County have a median of $94,500. The last 24 months of sales history has seen 475 sales, with 87 sales greater than $250,000, 13 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 $37.

Values and sold prices (last 24 months) United States Indiana Shelby County
Average price/sqft $1,705 $490 $61
Median price/sqft $102 $28 $37
Average sold price $1,142,916 $984,053 $199,086
Median sold price $184,799 $60,756 $94,500
Number of sales 2,575,118 55,295 475
Number of sales over $250k 1,062,401 13,274 87
Number of sales over $1m 274,215 2,988 13
Number of sales over $10m 41,633 469 --
Average total tax amount $6,270 $3,144 $2,095
Average assessed value $264,907 $141,170 $121,240
Average market value $262,016 $141,170 $121,240

Shelby County commercial real estate property averages

The average lot size of commercial real estate properties in Shelby County is 121,367 sf. This is 113% above the Indiana average.

Property averages United States Indiana Shelby County
Average lot size 898,917 sf 591,930 sf 761,024 sf
Median lot size 30,119 sf 33,478 sf 121,367 sf
Average building area 1,798 sf 279 sf 50 sf
Median building area 59 sf 16 sf 22 sf
Median year built 1965 1964 1960
Average number of units 18 20 18
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 101,941 acres and the aggregate building area for commercial real estate properties in Shelby County is 11,518 sf.

Supply United States Indiana Shelby County
Number of parcels 50,471,951 1,262,121 13,425
Aggregate lot acerage 585,729,504 37,628,774 101,941
Aggregate building area 7,434,859,242 sf 12,823,267 sf 11,518 sf
Aggregate units 72,446,861 452,296 2,779

Shelby County commercial real estate industrial mortgages

There are 4,425 mortgages for commercial real estate properties across Shelby County in the Reonomy database. The average value of those mortgages is $6,507,472. This is 13% below the Indiana average.

Debt United States Indiana Shelby County
Number of mortgages 22,566,809 367,376 4,425
Average value of mortgages $5,859,845 $7,431,681 $6,507,472

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