Commercial Real Estate in Ely | Reonomy

Commercial Real Estate in Ely

Unlock property data on 13,956 commercial properties in Ely. Search through Ely property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Reonomy attracts a large community of Ely commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Ely commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Minnesota Ely
Average price/sqft -- -- --
Average sold price $908,136 $510,142 $584,638
Median sold price $85,242 $130,713 $109,750
Number of sales 5,613,867 126,640 583
Number of sales over $250k 1,861,831 45,836 170
Number of sales over $1m 496,029 9,125 76
Number of sales over $10m 75,142 848 --
Average total tax amount $5,401 $5,198 $1,537
Average assessed value $248,837 $301,748 $111,164
Average market value $334,607 $305,985 $111,932

Ely commercial real estate property averages

Property averages United States Minnesota Ely
Average lot size 887,824 sf 1,093,857 sf 489,798 sf
Median lot size 28,512 sf 94,406 sf 88,638 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1971 1971 1971
Average number of units 16 16 3
Median number of units 2 3 2

Ely commercial real estate total supply

Supply United States Minnesota Ely
Number of parcels 163,717,148 1,327,568 13,956
Aggregate lot acerage 827,860,828 14,648,749 30,887
Aggregate building area -- -- --
Aggregate units 95,440,225 647,797 109

Ely commercial real estate industrial mortgages

Debt United States Minnesota Ely
Number of mortgages 43,337,519 669,394 3,228
Average value of mortgages $6,681,611 $3,687,364 $266,689

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