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 $74,064. Commercial real estate sale prices in Tipton County have a median of $74,000. The last 24 months of sales history has seen 41 sales, with 4 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 $26.
|Values and sold prices (last 24 months)||United States||Indiana||Tipton County|
|Average sold price||$1,191,151||$1,035,666||$117,679|
|Median sold price||$192,684||$29,807||$74,000|
|Number of sales||2,516,453||53,734||41|
|Number of sales over $250k||1,067,354||12,704||4|
|Number of sales over $1m||275,406||2,735||--|
|Number of sales over $10m||40,988||427||--|
|Average total tax amount||$6,485||$2,900||$1,335|
|Average assessed value||$294,422||$128,225||$74,064|
|Average market value||$346,235||$128,225||$74,064|
Tipton County commercial real estate property averages
The average lot size of commercial real estate properties in Tipton County is 351,643 sf. This is 167% above the Indiana average.
|Property averages||United States||Indiana||Tipton County|
|Average lot size||837,108 sf||571,758 sf||935,262 sf|
|Median lot size||25,566 sf||31,024 sf||351,643 sf|
|Average building area||1,314 sf||247 sf||73 sf|
|Median building area||60 sf||12 sf||24 sf|
|Median year built||1964||1963||1956|
|Average number of units||21||19||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 88,695 acres and the aggregate building area for commercial real estate properties in Tipton County is 11,338 sf.
|Supply||United States||Indiana||Tipton County|
|Number of parcels||51,649,673||1,262,707||7,265|
|Aggregate lot acerage||684,153,710||37,343,632||88,695|
|Aggregate building area||7,014,526,346 sf||16,931,095 sf||11,338 sf|
Tipton County commercial real estate industrial mortgages
|Debt||United States||Indiana||Tipton County|
|Number of mortgages||16,067,726||169,638||--|
|Average value of mortgages||$8,736,966||$10,778,457||--|