Commercial real estate in Martin County
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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||$1,208,179||$751,654||$93,000|
|Median sold price||$192,594||$150,308||$93,000|
|Number of sales||2,773,382||21,396||2|
|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||$297|
|Average assessed value||$294,400||$252,148||$24,073|
|Average market value||$346,195||$274,518||$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||837,155 sf||994,395 sf||658,116 sf|
|Median lot size||25,565 sf||66,502 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||5||--|
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||684,407,114||6,061,522||4,109|
|Aggregate building area||7,014,561,037 sf||8,551,947 sf||813 sf|
Martin County commercial real estate industrial mortgages
|Debt||United States||Kentucky||Martin County|
|Number of mortgages||16,070,158||58,954||--|
|Average value of mortgages||$8,736,614||$12,116,233||--|