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 $107,051. Commercial real estate sale prices in Shelby County have a median of $61,250. The last 24 months of sales history has seen 850 sales, with 135 sales greater than $250,000, 22 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 $35.

Values and sold prices (last 24 months) United States Indiana Shelby County
Average price/sqft $1,429 $485 $56
Median price/sqft $115 $54 $35
Average sold price $1,175,028 $938,831 $182,758
Median sold price $192,662 $112,355 $61,250
Number of sales 3,653,861 69,779 850
Number of sales over $250k 1,530,048 20,131 135
Number of sales over $1m 369,680 3,903 22
Number of sales over $10m 55,427 644 --
Average total tax amount $5,912 $2,666 $2,025
Average assessed value $302,534 $135,672 $107,051
Average market value $377,431 $135,669 $107,051

Shelby County commercial real estate property averages

The average lot size of commercial real estate properties in Shelby County is 132,944 sf. This is 121% above the Indiana average.

Property averages United States Indiana Shelby County
Average lot size 818,966 sf 625,781 sf 828,357 sf
Median lot size 24,701 sf 32,245 sf 132,944 sf
Average building area 1,170 sf 240 sf 107 sf
Median building area 73 sf 32 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 15,195 commercial real estate properties in Shelby County. This is 195% below the Indiana average. The total acerage is 123,568 acres and the aggregate building area for commercial real estate properties in Shelby County is 69,567 sf.

Supply United States Indiana Shelby County
Number of parcels 57,284,908 1,453,273 15,195
Aggregate lot acerage 883,661,852 98,067,794 123,568
Aggregate building area 8,074,578,464 sf 23,057,032 sf 69,567 sf
Aggregate units 87,963,611 437,602 1,990

Shelby County commercial real estate industrial mortgages

There are 4,183 mortgages for commercial real estate properties across Shelby County in the Reonomy database. The average value of those mortgages is $24,139,364. This is 121% above the Indiana average.

Debt United States Indiana Shelby County
Number of mortgages 39,329,028 442,714 4,183
Average value of mortgages $5,222,868 $5,861,803 $24,139,364

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