Commercial real estate properties in Franklin County

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Franklin County commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Iowa Franklin County
Average price/sqft $1,218 $187 $51
Median price/sqft $118 $66 $23
Average sold price $1,119,704 $529,651 $380,218
Median sold price $196,777 $143,671 $206,500
Number of sales 3,928,218 54,225 271
Number of sales over $250k 1,664,491 18,475 126
Number of sales over $1m 386,603 3,431 28
Number of sales over $10m 55,468 435 --
Average total tax amount $9,227 $2,691 $1,192
Average assessed value $313,968 $127,280 $79,056
Average market value $400,489 $165,876 $80,186

Franklin County commercial real estate property averages

Property averages United States Iowa Franklin County
Average lot size 816,430 sf 812,744 sf 1,167,033 sf
Median lot size 24,445 sf 304,738 sf 1,587,502 sf
Average building area 1,140 sf 138 sf 280 sf
Median building area 76 sf 51 sf 22 sf
Median year built 1970 1965 1920
Average number of units 16 10 2
Median number of units 2 2 2

Franklin County commercial real estate total supply

Supply United States Iowa Franklin County
Number of parcels 58,091,739 1,611,485 14,234
Aggregate lot acerage 977,948,242 9,566,562 95,352
Aggregate building area 8,352,119,311 sf 11,642,140 sf 71,135 sf
Aggregate units 88,886,745 217,426 64

Franklin County commercial real estate industrial mortgages

Debt United States Iowa Franklin County
Number of mortgages 41,401,301 359,093 1,140
Average value of mortgages $5,191,048 $2,426,162 $1,072,370

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