Commercial real estate in Nicholas County

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Nicholas County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Nicholas County is $51,475.

Values and sold prices (last 24 months) United States Kentucky Nicholas County
Average price/sqft $1,378 $157 --
Median price/sqft $115 $83 --
Average sold price $1,165,701 $472,942 --
Median sold price $191,561 $131,598 --
Number of sales 3,792,555 51,661 --
Number of sales over $250k 1,582,899 12,833 --
Number of sales over $1m 382,306 2,323 --
Number of sales over $10m 56,895 289 --
Average total tax amount $5,903 $2,092 $465
Average assessed value $273,877 $206,646 $51,475
Average market value $321,125 $229,020 $99,178

Nicholas County commercial real estate property averages

The average lot size of commercial real estate properties in Nicholas County is 1,716,368 sf. This is 190% above the Kentucky average.

Property averages United States Kentucky Nicholas County
Average lot size 819,019 sf 738,189 sf 2,376,185 sf
Median lot size 24,622 sf 43,559 sf 1,716,368 sf
Average building area 1,154 sf 124 sf 42 sf
Median building area 73 sf 60 sf 16 sf
Median year built 1970 1985 1995
Average number of units 16 6 20
Median number of units 2 2 3

Nicholas County commercial real estate total supply

There are 2,354 commercial real estate properties in Nicholas County. This is 199% below the Kentucky average. The total acerage is 50,676 acres and the aggregate building area for commercial real estate properties in Nicholas County is 9,389 sf.

Supply United States Kentucky Nicholas County
Number of parcels 57,284,908 1,123,440 2,354
Aggregate lot acerage 883,436,475 6,923,452 50,676
Aggregate building area 8,000,122,782 sf 13,111,901 sf 9,389 sf
Aggregate units 87,884,588 168,805 182

Nicholas County commercial real estate industrial mortgages

Debt United States Kentucky Nicholas County
Number of mortgages 38,424,379 281,553 --
Average value of mortgages $5,273,980 $3,448,533 --

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