Commercial Real Estate in Pennington | Reonomy

Commercial Real Estate in Pennington

Unlock property data on 291 commercial properties in Pennington. Search through Pennington 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 Pennington 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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Pennington commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Minnesota Pennington
Average price/sqft -- -- --
Average sold price $847,373 $444,434 $132,230
Median sold price $88,863 $87,171 $74,000
Number of sales 5,099,053 128,181 13
Number of sales over $250k 1,673,525 40,706 3
Number of sales over $1m 444,399 8,398 --
Number of sales over $10m 67,654 674 --
Average total tax amount $54,880 $4,891 $1,472
Average assessed value $242,904 $293,506 $127,869
Average market value $329,632 $299,254 $127,869

Pennington commercial real estate property averages

Property averages United States Minnesota Pennington
Average lot size 893,354 sf 1,138,140 sf 824,742 sf
Median lot size 28,930 sf 107,560 sf 320,166 sf
Average building area -- -- --
Median building area -- -- --
Median year built -- 1968 1985
Average number of units 17 16 --
Median number of units -- 3 --

Pennington commercial real estate total supply

Supply United States Minnesota Pennington
Number of parcels 151,395,428 1,298,795 292
Aggregate lot acerage 796,356,415 14,504,320 1,798
Aggregate building area -- -- --
Aggregate units -- 625,841 --

Pennington commercial real estate industrial mortgages

Debt United States Minnesota Pennington
Number of mortgages -- 606,257 79
Average value of mortgages -- $3,529,375 $102,506

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