Farm in Franklin County
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Reonomy operates the most comprehensive database for Franklin County Farm and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Franklin County commercial real estate professionals. Members from Franklin County include brokers, investors and service providers, many of whom specialize in Franklin County Farm.
Franklin County farm sold prices and values
The average assessed value of farms in Franklin County is $7,224. Farm sale prices in Franklin County have a median of $51,937. The last 24 months of sales history has seen 6 sales, with 0 sales greater than $250,000, 0 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of farms in Franklin County over the last 24 months is $102.
|Values and sold prices (last 24 months)||United States||Arkansas||Franklin County|
|Average sold price||$910,672||$505,215||$51,979|
|Median sold price||$194,701||$124,091||$51,937|
|Number of sales||253,927||1,042||6|
|Number of sales over $250k||108,403||310||--|
|Number of sales over $1m||28,115||56||--|
|Number of sales over $10m||3,024||5||--|
|Average total tax amount||$2,534||$533||$319|
|Average assessed value||$128,983||$13,740||$7,224|
|Average market value||$192,784||$68,707||$36,121|
Franklin County farm property averages
The average lot size of farms in Franklin County is 1,655,280 sf. This is 23% above the Arkansas average.
|Property averages||United States||Arkansas||Franklin County|
|Average lot size||2,912,785 sf||2,329,531 sf||2,462,766 sf|
|Median lot size||1,474,449 sf||1,312,138 sf||1,655,280 sf|
|Average building area||272 sf||152 sf||31 sf|
|Median building area||64 sf||44 sf||2 sf|
|Median year built||1976||1981||1986|
|Average number of units||2||34||--|
|Median number of units||--||4||--|
Franklin County farm total supply
There are 691 farms in Franklin County. This is 189% below the Arkansas average. The total acerage is 28,777 acres and the aggregate building area for farms in Franklin County is 475 sf.
|Supply||United States||Arkansas||Franklin County|
|Number of parcels||7,552,088||26,900||691|
|Aggregate lot acerage||248,766,312||1,075,082||28,777|
|Aggregate building area||135,486,562 sf||431,797 sf||475 sf|
Franklin County farm industrial mortgages
|Debt||United States||Arkansas||Franklin County|
|Number of mortgages||2,772,291||12,694||--|
|Average value of mortgages||$3,028,786||$582,633||--|