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 $39,660. Commercial real estate sale prices in Albany have a median of $28,000. The last 24 months of sales history has seen 172 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 $33.

Values and sold prices (last 24 months) United States Kentucky Albany
Average price/sqft $1,330 $158 $44
Median price/sqft $117 $83 $33
Average sold price $1,135,318 $386,250 $61,005
Median sold price $196,105 $133,370 $28,000
Number of sales 3,869,903 53,037 172
Number of sales over $250k 1,636,202 13,311 5
Number of sales over $1m 384,130 2,367 --
Number of sales over $10m 55,628 265 --
Average total tax amount $5,974 $2,137 $333
Average assessed value $307,763 $213,108 $39,660
Average market value $389,458 $239,054 $51,173

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 52,882 sf. This is 19% above the Kentucky average.

Property averages United States Kentucky Albany
Average lot size 818,509 sf 740,209 sf 459,200 sf
Median lot size 24,527 sf 43,559 sf 52,882 sf
Average building area 1,113 sf 124 sf 37 sf
Median building area 75 sf 61 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 3,554 commercial real estate properties in Albany. This is 198% below the Kentucky average. The total acerage is 6,873 acres and the aggregate building area for commercial real estate properties in Albany is 6,344 sf.

Supply United States Kentucky Albany
Number of parcels 57,794,383 1,130,223 3,554
Aggregate lot acerage 971,055,037 7,072,482 6,873
Aggregate building area 7,965,114,869 sf 13,364,864 sf 6,344 sf
Aggregate units 87,826,320 173,562 5

Albany commercial real estate industrial mortgages

There are 329 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $1,380,498. This is 83% below the Kentucky average.

Debt United States Kentucky Albany
Number of mortgages 40,595,359 306,598 329
Average value of mortgages $5,215,187 $3,348,335 $1,380,498

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