Commercial real estate in Albany

Search commercial real estate records in Albany to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Albany commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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Reonomy operates the most comprehensive database for Albany Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Albany commercial real estate professionals. Members from Albany include brokers, investors and service providers, many of whom specialize in Albany Commercial Real Estate.

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Albany commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Albany is $45,533. Commercial real estate sale prices in Albany have a median of $34,700. The last 24 months of sales history has seen 75 sales, with 5 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 Albany over the last 24 months is $29.

Values and sold prices (last 24 months) United States Kentucky Albany
Average price/sqft $1,487 $255 $29
Median price/sqft $101 $71 $29
Average sold price $1,190,870 $722,635 $79,201
Median sold price $190,281 $149,640 $34,700
Number of sales 3,017,432 23,333 75
Number of sales over $250k 1,271,384 7,701 5
Number of sales over $1m 333,285 1,708 --
Number of sales over $10m 50,330 247 --
Average total tax amount $6,485 $2,566 $344
Average assessed value $294,387 $252,104 $45,533
Average market value $346,179 $274,476 $39,286

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 62,920 sf. This is 5% below the Kentucky average.

Property averages United States Kentucky Albany
Average lot size 837,082 sf 994,475 sf 454,607 sf
Median lot size 25,566 sf 66,534 sf 62,920 sf
Average building area 1,314 sf 151 sf 43 sf
Median building area 60 sf 45 sf 26 sf
Median year built 1964 1980 2000
Average number of units 21 17 169
Median number of units 2 4 169

Albany commercial real estate total supply

There are 2,595 commercial real estate properties in Albany. This is 198% below the Kentucky average. The total acerage is 3,882 acres and the aggregate building area for commercial real estate properties in Albany is 1,515 sf.

Supply United States Kentucky Albany
Number of parcels 51,649,673 646,456 2,595
Aggregate lot acerage 684,529,598 6,062,727 3,882
Aggregate building area 7,014,589,675 sf 8,551,993 sf 1,515 sf
Aggregate units 92,545,583 206,385 169

Albany commercial real estate industrial mortgages

There are 78 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $430,261. This is 186% below the Kentucky average.

Debt United States Kentucky Albany
Number of mortgages 16,072,383 58,954 78
Average value of mortgages $8,736,236 $12,116,233 $430,261

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