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 $54,420.

Values and sold prices (last 24 months) United States Kentucky Lee County
Average price/sqft $1,504 $265 --
Median price/sqft $101 $71 --
Average sold price $1,208,179 $751,654 --
Median sold price $192,594 $150,308 --
Number of sales 2,773,382 21,396 --
Number of sales over $250k 1,175,770 7,106 --
Number of sales over $1m 307,158 1,558 --
Number of sales over $10m 46,620 242 --
Average total tax amount $6,485 $2,566 $746
Average assessed value $294,400 $252,148 $54,420
Average market value $346,195 $274,518 $66,189

Lee County commercial real estate property averages

The average lot size of commercial real estate properties in Lee County is 343,078 sf. This is 135% above the Kentucky average.

Property averages United States Kentucky Lee County
Average lot size 837,155 sf 994,395 sf 1,124,563 sf
Median lot size 25,565 sf 66,502 sf 343,078 sf
Average building area 1,314 sf 151 sf 65 sf
Median building area 60 sf 45 sf 17 sf
Median year built 1964 1980 1971
Average number of units 21 17 --
Median number of units 2 5 --

Lee County commercial real estate total supply

There are 5,845 commercial real estate properties in Lee County. This is 196% below the Kentucky average. The total acerage is 4,956 acres and the aggregate building area for commercial real estate properties in Lee County is 196 sf.

Supply United States Kentucky Lee County
Number of parcels 51,649,673 646,456 5,845
Aggregate lot acerage 684,407,114 6,061,522 4,956
Aggregate building area 7,014,561,037 sf 8,551,947 sf 196 sf
Aggregate units 92,534,440 206,385 --

Lee County commercial real estate industrial mortgages

Debt United States Kentucky Lee County
Number of mortgages 16,070,158 58,954 --
Average value of mortgages $8,736,614 $12,116,233 --

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