Commercial real estate in Lee County

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Lee County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Lee County is $56,368.

Values and sold prices (last 24 months) United States Kentucky Lee County
Average price/sqft $1,344 $159 --
Median price/sqft $115 $83 --
Average sold price $1,162,392 $485,603 --
Median sold price $191,467 $131,563 --
Number of sales 3,863,764 52,017 --
Number of sales over $250k 1,613,612 12,891 --
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 $753
Average assessed value $273,996 $206,913 $56,368
Average market value $321,051 $229,338 $68,146

Lee County commercial real estate property averages

The average lot size of commercial real estate properties in Lee County is 386,224 sf. This is 159% above the Kentucky average.

Property averages United States Kentucky Lee County
Average lot size 819,068 sf 739,482 sf 1,101,533 sf
Median lot size 24,646 sf 43,560 sf 386,224 sf
Average building area 1,164 sf 124 sf 56 sf
Median building area 73 sf 60 sf 23 sf
Median year built 1970 1985 1974
Average number of units 16 7 2
Median number of units 2 2 2

Lee County commercial real estate total supply

There are 5,492 commercial real estate properties in Lee County. This is 198% below the Kentucky average. The total acerage is 5,360 acres and the aggregate building area for commercial real estate properties in Lee County is 226 sf.

Supply United States Kentucky Lee County
Number of parcels 57,284,908 1,123,440 5,492
Aggregate lot acerage 882,586,122 6,909,918 5,360
Aggregate building area 8,038,750,738 sf 13,060,207 sf 226 sf
Aggregate units 87,804,464 167,101 2

Lee County commercial real estate industrial mortgages

Debt United States Kentucky Lee County
Number of mortgages 38,333,712 280,561 --
Average value of mortgages $5,270,730 $3,428,471 --

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