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 $79,292. Commercial real estate sale prices in Tipton County have a median of $100,000. The last 24 months of sales history has seen 206 sales, with 43 sales greater than $250,000, 18 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 $39.
|Values and sold prices (last 24 months)||United States||Indiana||Tipton County|
|Average sold price||$1,175,028||$938,831||$270,326|
|Median sold price||$192,662||$112,355||$100,000|
|Number of sales||3,653,861||69,779||206|
|Number of sales over $250k||1,530,048||20,131||43|
|Number of sales over $1m||369,680||3,903||18|
|Number of sales over $10m||55,427||644||--|
|Average total tax amount||$5,912||$2,666||$1,343|
|Average assessed value||$302,534||$135,672||$79,292|
|Average market value||$377,431||$135,669||$79,292|
Tipton County commercial real estate property averages
The average lot size of commercial real estate properties in Tipton County is 363,187 sf. This is 167% above the Indiana average.
|Property averages||United States||Indiana||Tipton County|
|Average lot size||818,966 sf||625,781 sf||945,421 sf|
|Median lot size||24,701 sf||32,245 sf||363,187 sf|
|Average building area||1,170 sf||240 sf||65 sf|
|Median building area||73 sf||32 sf||27 sf|
|Median year built||1970||1960||1945|
|Average number of units||16||7||4|
|Median number of units||2||2||2|
Tipton County commercial real estate total supply
There are 7,516 commercial real estate properties in Tipton County. This is 197% below the Indiana average. The total acerage is 101,704 acres and the aggregate building area for commercial real estate properties in Tipton County is 16,454 sf.
|Supply||United States||Indiana||Tipton County|
|Number of parcels||57,284,908||1,453,273||7,516|
|Aggregate lot acerage||883,661,852||98,067,794||101,704|
|Aggregate building area||8,074,578,464 sf||23,057,032 sf||16,454 sf|
Tipton County commercial real estate industrial mortgages
|Debt||United States||Indiana||Tipton County|
|Number of mortgages||39,329,028||442,714||--|
|Average value of mortgages||$5,222,868||$5,861,803||--|