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 $106,233. Commercial real estate sale prices in Shelby County have a median of $87,211. The last 24 months of sales history has seen 776 sales, with 134 sales greater than $250,000, 24 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 $39.

Values and sold prices (last 24 months) United States Indiana Shelby County
Average price/sqft $1,330 $437 $65
Median price/sqft $117 $69 $39
Average sold price $1,135,318 $1,057,473 $207,183
Median sold price $196,105 $126,288 $87,211
Number of sales 3,869,903 72,158 776
Number of sales over $250k 1,636,202 21,725 134
Number of sales over $1m 384,130 4,175 24
Number of sales over $10m 55,628 730 --
Average total tax amount $5,974 $2,745 $2,008
Average assessed value $307,763 $135,296 $106,233
Average market value $389,458 $135,296 $106,233

Shelby County commercial real estate property averages

The average lot size of commercial real estate properties in Shelby County is 131,444 sf. This is 121% above the Indiana average.

Property averages United States Indiana Shelby County
Average lot size 818,509 sf 626,565 sf 822,471 sf
Median lot size 24,527 sf 32,034 sf 131,444 sf
Average building area 1,113 sf 239 sf 68 sf
Median building area 75 sf 35 sf 25 sf
Median year built 1970 1960 1940
Average number of units 16 7 7
Median number of units 2 2 2

Shelby County commercial real estate total supply

There are 15,194 commercial real estate properties in Shelby County. This is 195% below the Indiana average. The total acerage is 124,182 acres and the aggregate building area for commercial real estate properties in Shelby County is 44,085 sf.

Supply United States Indiana Shelby County
Number of parcels 57,794,383 1,469,388 15,194
Aggregate lot acerage 971,055,037 146,574,997 124,182
Aggregate building area 7,965,114,869 sf 25,010,975 sf 44,085 sf
Aggregate units 87,826,320 443,962 2,007

Shelby County commercial real estate industrial mortgages

There are 4,258 mortgages for commercial real estate properties across Shelby County in the Reonomy database. The average value of those mortgages is $23,736,274. This is 120% above the Indiana average.

Debt United States Indiana Shelby County
Number of mortgages 40,595,359 468,395 4,258
Average value of mortgages $5,215,187 $5,877,816 $23,736,274

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