Commercial Real Estate in Somerset | Reonomy

Commercial Real Estate in Somerset

Unlock property data on 1,156 commercial properties in Somerset. Search through Somerset 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 Somerset 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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Somerset commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Texas Somerset
Average price/sqft -- -- --
Average sold price $814,683 $415,847 $130,869
Median sold price $89,235 $28,383 $68,750
Number of sales 4,963,105 358,919 77
Number of sales over $250k 1,612,551 99,582 16
Number of sales over $1m 416,847 8,728 --
Number of sales over $10m 62,303 1,229 --
Average total tax amount $5,196 $7,404 $2,338
Average assessed value $242,888 $310,297 $108,368
Average market value $326,990 $352,307 $124,631

Somerset commercial real estate property averages

Property averages United States Texas Somerset
Average lot size 893,096 sf 1,197,023 sf 485,416 sf
Median lot size 28,771 sf 40,214 sf 87,120 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1971 1986 1990
Average number of units 17 33 6
Median number of units 2 2 2

Somerset commercial real estate total supply

Supply United States Texas Somerset
Number of parcels 146,714,860 4,975,937 1,156
Aggregate lot acerage 789,371,113 91,739,358 6,017
Aggregate building area -- -- --
Aggregate units 92,721,323 5,450,522 116

Somerset commercial real estate industrial mortgages

Debt United States Texas Somerset
Number of mortgages 40,817,984 2,291,557 478
Average value of mortgages $6,545,216 $6,372,430 $688,907

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