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 $40,186. Commercial real estate sale prices in Albany have a median of $28,000. The last 24 months of sales history has seen 177 sales, with 6 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 $32.

Values and sold prices (last 24 months) United States Kentucky Albany
Average price/sqft $1,414 $156 $43
Median price/sqft $116 $83 $32
Average sold price $1,182,492 $465,871 $63,369
Median sold price $193,952 $133,143 $28,000
Number of sales 3,924,050 53,876 177
Number of sales over $250k 1,648,089 13,425 6
Number of sales over $1m 393,899 2,385 --
Number of sales over $10m 59,129 276 --
Average total tax amount $6,007 $2,169 $337
Average assessed value $308,479 $215,011 $40,186
Average market value $389,707 $240,984 $51,217

Albany commercial real estate property averages

The average lot size of commercial real estate properties in Albany is 52,969 sf. This is 19% above the Kentucky average.

Property averages United States Kentucky Albany
Average lot size 818,720 sf 740,269 sf 452,301 sf
Median lot size 24,562 sf 43,559 sf 52,969 sf
Average building area 1,166 sf 124 sf 37 sf
Median building area 74 sf 60 sf 23 sf
Median year built 1970 1984 1998
Average number of units 16 7 5
Median number of units 2 2 5

Albany commercial real estate total supply

There are 3,553 commercial real estate properties in Albany. This is 198% below the Kentucky average. The total acerage is 6,551 acres and the aggregate building area for commercial real estate properties in Albany is 6,252 sf.

Supply United States Kentucky Albany
Number of parcels 57,574,886 1,128,780 3,553
Aggregate lot acerage 900,770,598 7,001,656 6,551
Aggregate building area 8,205,691,017 sf 13,211,043 sf 6,252 sf
Aggregate units 87,745,593 172,581 5

Albany commercial real estate industrial mortgages

There are 315 mortgages for commercial real estate properties across Albany in the Reonomy database. The average value of those mortgages is $1,430,532. This is 81% below the Kentucky average.

Debt United States Kentucky Albany
Number of mortgages 39,848,711 298,569 315
Average value of mortgages $5,223,655 $3,382,676 $1,430,532

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