Hotel properties in Shelby County

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

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Shelby County hotel property sold prices and values

Values and sold prices (last 24 months) United States Indiana Shelby County
Average price/sqft $7,539 $159 $111
Median price/sqft $114 $65 $111
Average sold price $8,183,529 $7,022,605 $4,340,000
Median sold price $1,096,324 $1,750,000 $4,340,000
Number of sales 8,653 179 2
Number of sales over $250k 6,591 138 2
Number of sales over $1m 4,486 105 2
Number of sales over $10m 893 14 --
Average total tax amount $80,215 $63,709 $56,145
Average assessed value $3,391,192 $2,344,545 $1,931,214
Average market value $4,262,368 $2,344,545 $1,931,214

Shelby County hotel property property averages

Property averages United States Indiana Shelby County
Average lot size 603,947 sf 127,612 sf 76,479 sf
Median lot size 47,607 sf 82,624 sf 86,684 sf
Average building area 6,675 sf 882 sf 69 sf
Median building area 74 sf 41 sf 59 sf
Median year built 1978 1989 1996
Average number of units 51 78 38
Median number of units 16 60 38

Shelby County hotel property total supply

Supply United States Indiana Shelby County
Number of parcels 93,452 1,554 8
Aggregate lot acerage 1,329,001 3,184 12
Aggregate building area 276,928,459 sf 622,481 sf 415 sf
Aggregate units 1,370,726 19,423 76

Shelby County hotel property industrial mortgages

Debt United States Indiana Shelby County
Number of mortgages 220,976 2,141 22
Average value of mortgages $46,223,912 $67,515,627 $1,711,863

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