Commercial real estate in Martin County
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Reonomy operates the most comprehensive database for Martin County 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 Martin County commercial real estate professionals. Members from Martin County include brokers, investors and service providers, many of whom specialize in Martin County Commercial Real Estate.
Martin County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Martin County is $24,073. Commercial real estate sale prices in Martin County have a median of $93,000. The last 24 months of sales history has seen 2 sales, with 0 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 Martin County over the last 24 months is $123.
|Values and sold prices (last 24 months)||United States||Kentucky||Martin County|
|Average sold price||$1,190,870||$722,635||$93,000|
|Median sold price||$190,281||$149,640||$93,000|
|Number of sales||3,017,432||23,333||2|
|Number of sales over $250k||1,271,384||7,701||--|
|Number of sales over $1m||333,285||1,708||--|
|Number of sales over $10m||50,330||247||--|
|Average total tax amount||$6,485||$2,566||$297|
|Average assessed value||$294,387||$252,104||$24,073|
|Average market value||$346,179||$274,476||$25,087|
Martin County commercial real estate property averages
The average lot size of commercial real estate properties in Martin County is 65,340 sf. This is 1% below the Kentucky average.
|Property averages||United States||Kentucky||Martin County|
|Average lot size||837,082 sf||994,475 sf||658,116 sf|
|Median lot size||25,566 sf||66,534 sf||65,340 sf|
|Average building area||1,314 sf||151 sf||33 sf|
|Median building area||60 sf||45 sf||21 sf|
|Median year built||1964||1980||1983|
|Average number of units||21||17||--|
|Median number of units||2||4||--|
Martin County commercial real estate total supply
There are 3,593 commercial real estate properties in Martin County. This is 197% below the Kentucky average. The total acerage is 4,109 acres and the aggregate building area for commercial real estate properties in Martin County is 813 sf.
|Supply||United States||Kentucky||Martin County|
|Number of parcels||51,649,673||646,456||3,593|
|Aggregate lot acerage||684,529,598||6,062,727||4,109|
|Aggregate building area||7,014,589,675 sf||8,551,993 sf||813 sf|
Martin County commercial real estate industrial mortgages
|Debt||United States||Kentucky||Martin County|
|Number of mortgages||16,072,383||58,954||--|
|Average value of mortgages||$8,736,236||$12,116,233||--|