Commercial Real Estate in Salem | Reonomy

Commercial Real Estate in Salem

Unlock property data on 320 commercial properties in Salem. Search through Salem property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Popular searches around Salem

Reonomy attracts a large community of Salem commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Salem commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Iowa Salem
Average price/sqft -- -- --
Average sold price $725,976 $302,789 $152,928
Median sold price $133,815 $113,313 $116,000
Number of sales 5,635,317 64,404 7
Number of sales over $250k 2,061,167 19,353 2
Number of sales over $1m 413,330 3,152 --
Number of sales over $10m 57,503 119 --
Average total tax amount $4,860 $3,437 $2,000
Average assessed value $506,147 $149,114 $115,868
Average market value $293,271 $163,872 $115,998

Salem commercial real estate property averages

Property averages United States Iowa Salem
Average lot size 798,964 sf 709,102 sf 652,450 sf
Median lot size 23,298 sf 106,416 sf 167,706 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1967 1927
Average number of units 18 10 2
Median number of units 2 2 2

Salem commercial real estate total supply

Supply United States Iowa Salem
Number of parcels 137,754,563 1,674,656 322
Aggregate lot acerage 787,778,005 7,600,934 928
Aggregate building area -- -- --
Aggregate units 108,534,071 271,385 2

Salem commercial real estate industrial mortgages

Debt United States Iowa Salem
Number of mortgages 44,618,478 405,118 42
Average value of mortgages $5,654,937 $2,665,824 $163,271

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