Industrial Properties in Riverside
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Reonomy attracts a large community of Riverside 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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Riverside industrial property sold prices and values
| Values and sold prices (last 24 months) | United States | Minnesota | Riverside |
|---|---|---|---|
| Average price/sqft | -- | -- | -- |
| Average sold price | $3,343,586 | $1,359,951 | -- |
| Median sold price | $261,970 | $253,599 | -- |
| Number of sales | 133,646 | 5,326 | -- |
| Number of sales over $250k | 68,304 | 2,700 | -- |
| Number of sales over $1m | 38,386 | 932 | -- |
| Number of sales over $10m | 7,807 | 158 | -- |
| Average total tax amount | $25,716 | $21,321 | -- |
| Average assessed value | $1,118,362 | $661,188 | -- |
| Average market value | $1,424,638 | $661,938 | -- |
Riverside industrial property property averages
| Property averages | United States | Minnesota | Riverside |
|---|---|---|---|
| Average lot size | 393,951 sf | 243,390 sf | -- |
| Median lot size | 47,516 sf | 78,697 sf | -- |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1981 | 1986 | -- |
| Average number of units | 13 | 18 | -- |
| Median number of units | -- | 6 | -- |
Riverside industrial property total supply
| Supply | United States | Minnesota | Riverside |
|---|---|---|---|
| Number of parcels | 1,361,829 | 43,189 | -- |
| Aggregate lot acerage | 26,266,102 | 281,737 | -- |
| Aggregate building area | -- | -- | -- |
| Aggregate units | 3,071,942 | 13,730 | -- |
Riverside industrial property industrial mortgages
| Debt | United States | Minnesota | Riverside |
|---|---|---|---|
| Number of mortgages | 1,855,060 | 48,533 | -- |
| Average value of mortgages | $23,580,599 | $12,350,385 | -- |
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