Hotel property in Lawrence County

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Reonomy operates the most comprehensive database for Lawrence County Hotel Property 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 Lawrence County commercial real estate professionals. Members from Lawrence County include brokers, investors and service providers, many of whom specialize in Lawrence County Hotel Property.

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Lawrence County hotel property sold prices and values

The average assessed value of hotel properties in Lawrence County is $589,844.

Values and sold prices (last 24 months) United States Indiana Lawrence County
Average price/sqft $7,570 $140 --
Median price/sqft $109 $56 --
Average sold price $6,449,506 $6,200,668 --
Median sold price $1,129,921 $1,595,000 --
Number of sales 8,562 194 --
Number of sales over $250k 6,639 146 --
Number of sales over $1m 4,490 112 --
Number of sales over $10m 903 16 --
Average total tax amount $81,298 $57,018 $15,896
Average assessed value $3,298,573 $2,253,904 $589,844
Average market value $4,257,603 $2,253,904 $589,844

Lawrence County hotel property property averages

The average lot size of hotel properties in Lawrence County is 65,340 sf. This is 23% below the Indiana average. The average building area is 31 sf and the median year built is 1959.

Property averages United States Indiana Lawrence County
Average lot size 598,218 sf 127,519 sf 81,173 sf
Median lot size 47,544 sf 82,582 sf 65,340 sf
Average building area 6,764 sf 787 sf 40 sf
Median building area 73 sf 39 sf 31 sf
Median year built 1978 1989 1959
Average number of units 51 79 27
Median number of units 16 60 13

Lawrence County hotel property total supply

There are 14 hotel properties in Lawrence County. This is 196% below the Indiana average. The total acerage is 16 acres and the aggregate building area for hotel properties in Lawrence County is 284 sf.

Supply United States Indiana Lawrence County
Number of parcels 92,244 1,539 14
Aggregate lot acerage 1,347,878 3,120 16
Aggregate building area 275,087,976 sf 549,448 sf 284 sf
Aggregate units 1,355,790 19,305 223

Lawrence County hotel property industrial mortgages

Debt United States Indiana Lawrence County
Number of mortgages 214,953 2,051 --
Average value of mortgages $47,027,390 $70,102,449 --

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