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 $106,350. Commercial real estate sale prices in Shelby County have a median of $61,785. The last 24 months of sales history has seen 849 sales, with 148 sales greater than $250,000, 27 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 $40.

Values and sold prices (last 24 months) United States Indiana Shelby County
Average price/sqft $1,344 $420 $61
Median price/sqft $115 $54 $40
Average sold price $1,162,392 $918,696 $487,052
Median sold price $191,467 $107,267 $61,785
Number of sales 3,863,764 74,462 849
Number of sales over $250k 1,613,612 21,094 148
Number of sales over $1m 389,810 4,143 27
Number of sales over $10m 58,005 660 --
Average total tax amount $5,906 $2,690 $2,054
Average assessed value $273,996 $127,133 $106,350
Average market value $321,051 $127,131 $106,350

Shelby County commercial real estate property averages

The average lot size of commercial real estate properties in Shelby County is 132,429 sf. This is 121% above the Indiana average.

Property averages United States Indiana Shelby County
Average lot size 819,068 sf 625,808 sf 827,186 sf
Median lot size 24,646 sf 32,293 sf 132,429 sf
Average building area 1,164 sf 228 sf 85 sf
Median building area 73 sf 31 sf 23 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 122,103 acres and the aggregate building area for commercial real estate properties in Shelby County is 55,307 sf.

Supply United States Indiana Shelby County
Number of parcels 57,284,908 1,453,273 15,194
Aggregate lot acerage 882,586,122 98,049,850 122,103
Aggregate building area 8,038,750,738 sf 21,880,485 sf 55,307 sf
Aggregate units 87,804,464 436,777 1,982

Shelby County commercial real estate industrial mortgages

There are 4,075 mortgages for commercial real estate properties across Shelby County in the Reonomy database. The average value of those mortgages is $24,713,430. This is 123% above the Indiana average.

Debt United States Indiana Shelby County
Number of mortgages 38,333,712 440,415 4,075
Average value of mortgages $5,270,730 $5,876,673 $24,713,430

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