Commercial real estate in Mercer County
Search commercial real estate records in Mercer County 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 Mercer County 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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Popular searches around Mercer County
Reonomy operates the most comprehensive database for Mercer 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 Mercer County commercial real estate professionals. Members from Mercer County include brokers, investors and service providers, many of whom specialize in Mercer County Commercial Real Estate.
Mercer County commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Mercer County is $144,224. Commercial real estate sale prices in Mercer County have a median of $125,566. The last 24 months of sales history has seen 383 sales, with 91 sales greater than $250,000, 8 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 Mercer County over the last 24 months is $68.
|Values and sold prices (last 24 months)||United States||Kentucky||Mercer County|
|Average sold price||$1,165,701||$472,942||$190,286|
|Median sold price||$191,561||$131,598||$125,566|
|Number of sales||3,792,555||51,661||383|
|Number of sales over $250k||1,582,899||12,833||91|
|Number of sales over $1m||382,306||2,323||8|
|Number of sales over $10m||56,895||289||--|
|Average total tax amount||$5,903||$2,092||$1,503|
|Average assessed value||$273,877||$206,646||$144,224|
|Average market value||$321,125||$229,020||$203,199|
Mercer County commercial real estate property averages
The average lot size of commercial real estate properties in Mercer County is 461,263 sf. This is 165% above the Kentucky average.
|Property averages||United States||Kentucky||Mercer County|
|Average lot size||819,019 sf||738,189 sf||1,209,235 sf|
|Median lot size||24,622 sf||43,559 sf||461,263 sf|
|Average building area||1,154 sf||124 sf||86 sf|
|Median building area||73 sf||60 sf||58 sf|
|Median year built||1970||1985||1997|
|Average number of units||16||6||2|
|Median number of units||2||2||2|
Mercer County commercial real estate total supply
There are 5,371 commercial real estate properties in Mercer County. This is 198% below the Kentucky average. The total acerage is 35,422 acres and the aggregate building area for commercial real estate properties in Mercer County is 54,302 sf.
|Supply||United States||Kentucky||Mercer County|
|Number of parcels||57,284,908||1,123,440||5,371|
|Aggregate lot acerage||883,436,475||6,923,452||35,422|
|Aggregate building area||8,000,122,782 sf||13,111,901 sf||54,302 sf|
Mercer County commercial real estate industrial mortgages
There are 936 mortgages for commercial real estate properties across Mercer County in the Reonomy database. The average value of those mortgages is $273,431. This is 170% below the Kentucky average.
|Debt||United States||Kentucky||Mercer County|
|Number of mortgages||38,424,379||281,553||936|
|Average value of mortgages||$5,273,980||$3,448,533||$273,431|