Commercial Real Estate in Merit | Reonomy

Commercial Real Estate in Merit

Unlock property data on 31 commercial properties in Merit. Search through Merit 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 Merit 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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Merit commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Texas Merit
Average price/sqft -- -- --
Average sold price $688,894 $385,027 $135,000
Median sold price $129,108 $216,961 $135,000
Number of sales 5,305,365 422,102 --
Number of sales over $250k 1,905,513 179,428 --
Number of sales over $1m 381,649 10,168 --
Number of sales over $10m 53,284 720 --
Average total tax amount $4,985 $5,847 $21
Average assessed value $220,927 $230,171 $980
Average market value $301,859 $259,551 $30,930

Merit commercial real estate property averages

Property averages United States Texas Merit
Average lot size 822,420 sf 975,384 sf 2,793,040 sf
Median lot size 24,452 sf 23,435 sf 1,212,915 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1972 1992 --
Average number of units 18 35 --
Median number of units 2 2 --

Merit commercial real estate total supply

Supply United States Texas Merit
Number of parcels 132,891,959 5,803,998 32
Aggregate lot acerage 822,713,856 81,240,276 705
Aggregate building area -- -- --
Aggregate units 111,837,307 6,485,711 --

Merit commercial real estate industrial mortgages

Debt United States Texas Merit
Number of mortgages 44,177,923 3,019,303 8
Average value of mortgages $5,647,556 $5,813,836 $822,341

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