Commercial Real Estate in Philadelphia | Reonomy

Commercial Real Estate in Philadelphia

Unlock property data on 128,247 commercial properties in Philadelphia. Search through Philadelphia 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 Philadelphia 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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Philadelphia commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Pennsylvania Philadelphia
Average price/sqft -- -- --
Average sold price $681,839 $461,027 $617,242
Median sold price $125,109 $104,895 $110,227
Number of sales 5,287,439 199,043 15,958
Number of sales over $250k 1,868,877 50,484 5,319
Number of sales over $1m 379,695 8,113 1,119
Number of sales over $10m 54,123 758 109
Average total tax amount $4,892 $4,290 $5,338
Average assessed value $228,313 $153,985 $442,782
Average market value $307,834 $171,594 $415,946

Philadelphia commercial real estate property averages

Property averages United States Pennsylvania Philadelphia
Average lot size 824,599 sf 354,560 sf 12,781 sf
Median lot size 24,523 sf 14,684 sf 1,600 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1950 1925
Average number of units 18 9 33
Median number of units 2 2 4

Philadelphia commercial real estate total supply

Supply United States Pennsylvania Philadelphia
Number of parcels 125,570,646 2,372,218 128,792
Aggregate lot acerage 814,059,462 11,411,176 32,192
Aggregate building area -- -- --
Aggregate units 110,607,056 1,972,552 445,891

Philadelphia commercial real estate industrial mortgages

Debt United States Pennsylvania Philadelphia
Number of mortgages 43,698,518 1,945,218 282,999
Average value of mortgages $5,648,175 $7,500,820 $3,547,053

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