Commercial real estate in Tipton County
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Tipton County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Tipton County is $82,172. Commercial real estate sale prices in Tipton County have a median of $71,667. The last 24 months of sales history has seen 152 sales, with 26 sales greater than $250,000, 0 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 Tipton County over the last 24 months is $17.
|Values and sold prices (last 24 months)||United States||Indiana||Tipton County|
|Average sold price||$1,142,916||$984,053||$127,116|
|Median sold price||$184,799||$60,756||$71,667|
|Number of sales||2,575,118||55,295||152|
|Number of sales over $250k||1,062,401||13,274||26|
|Number of sales over $1m||274,215||2,988||--|
|Number of sales over $10m||41,633||469||--|
|Average total tax amount||$6,270||$3,144||$1,347|
|Average assessed value||$264,907||$141,170||$82,172|
|Average market value||$262,016||$141,170||$82,172|
Tipton County commercial real estate property averages
The average lot size of commercial real estate properties in Tipton County is 435,600 sf. This is 171% above the Indiana average.
|Property averages||United States||Indiana||Tipton County|
|Average lot size||898,917 sf||591,930 sf||975,489 sf|
|Median lot size||30,119 sf||33,478 sf||435,600 sf|
|Average building area||1,798 sf||279 sf||75 sf|
|Median building area||59 sf||16 sf||26 sf|
|Median year built||1965||1964||1954|
|Average number of units||18||20||11|
|Median number of units||2||6||6|
Tipton County commercial real estate total supply
There are 7,265 commercial real estate properties in Tipton County. This is 197% below the Indiana average. The total acerage is 87,807 acres and the aggregate building area for commercial real estate properties in Tipton County is 11,792 sf.
|Supply||United States||Indiana||Tipton County|
|Number of parcels||50,471,951||1,262,121||7,265|
|Aggregate lot acerage||585,729,504||37,628,774||87,807|
|Aggregate building area||7,434,859,242 sf||12,823,267 sf||11,792 sf|
Tipton County commercial real estate industrial mortgages
|Debt||United States||Indiana||Tipton County|
|Number of mortgages||22,566,809||367,376||--|
|Average value of mortgages||$5,859,845||$7,431,681||--|