Industrial Properties in Somerville | Reonomy

Industrial Properties in Somerville

Unlock property data on 109 industrial properties in Somerville. Search through Somerville 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 Somerville commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in industrial properties.

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Somerville industrial property sold prices and values

Values and sold prices (last 24 months) United States Massachusetts Somerville
Average price/sqft -- -- --
Average sold price $2,980,659 $5,288,924 $5,604,813
Median sold price $275,899 $899,464 --
Number of sales 110,130 1,678 11
Number of sales over $250k 57,133 1,274 5
Number of sales over $1m 31,601 811 5
Number of sales over $10m 5,835 192 3
Average total tax amount $24,796 $48,435 $48,207
Average assessed value $1,080,159 $2,134,880 $2,888,428
Average market value $1,393,111 $2,134,880 $2,888,428

Somerville industrial property property averages

Property averages United States Massachusetts Somerville
Average lot size 425,126 sf 214,531 sf 39,838 sf
Median lot size 46,850 sf 68,369 sf 23,522 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1981 1978 1920
Average number of units 13 3 2
Median number of units -- -- --

Somerville industrial property total supply

Supply United States Massachusetts Somerville
Number of parcels 1,309,843 20,410 109
Aggregate lot acerage 26,931,575 60,808 74
Aggregate building area -- -- --
Aggregate units 2,992,041 39,789 206

Somerville industrial property industrial mortgages

Debt United States Massachusetts Somerville
Number of mortgages 1,731,197 38,283 262
Average value of mortgages $21,047,048 $5,083,296 $5,465,352

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