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 $40,787. Commercial real estate sale prices in Albany have a median of $34,350. The last 24 months of sales history has seen 170 sales, with 8 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 $33.

Values and sold prices (last 24 months) United States Kentucky Albany
Average price/sqft $1,344 $159 $40
Median price/sqft $115 $83 $33
Average sold price $1,162,392 $485,603 $72,510
Median sold price $191,467 $131,563 $34,350
Number of sales 3,863,764 52,017 170
Number of sales over $250k 1,613,612 12,891 8
Number of sales over $1m 389,810 2,323 --
Number of sales over $10m 58,005 293 --
Average total tax amount $5,906 $2,094 $325
Average assessed value $273,996 $206,913 $40,787
Average market value $321,051 $229,338 $37,589

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 52,596 sf. This is 18% above the Kentucky average.

Property averages United States Kentucky Albany
Average lot size 819,068 sf 739,482 sf 445,093 sf
Median lot size 24,646 sf 43,560 sf 52,596 sf
Average building area 1,164 sf 124 sf 36 sf
Median building area 73 sf 60 sf 25 sf
Median year built 1970 1985 1998
Average number of units 16 7 5
Median number of units 2 2 5

Albany commercial real estate total supply

There are 3,507 commercial real estate properties in Albany. This is 198% below the Kentucky average. The total acerage is 6,324 acres and the aggregate building area for commercial real estate properties in Albany is 5,910 sf.

Supply United States Kentucky Albany
Number of parcels 57,284,908 1,123,440 3,507
Aggregate lot acerage 882,586,122 6,909,918 6,324
Aggregate building area 8,038,750,738 sf 13,060,207 sf 5,910 sf
Aggregate units 87,804,464 167,101 5

Albany commercial real estate industrial mortgages

There are 303 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $1,481,129. This is 79% below the Kentucky average.

Debt United States Kentucky Albany
Number of mortgages 38,333,712 280,561 303
Average value of mortgages $5,270,730 $3,428,471 $1,481,129

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