Industrial Properties in Challenge | Reonomy

Industrial Properties in Challenge

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Reonomy attracts a large community of Challenge 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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Challenge industrial property sold prices and values

Values and sold prices (last 24 months) United States Wisconsin Challenge
Average price/sqft -- -- --
Average sold price $3,163,527 $1,811,643 --
Median sold price $289,727 $465,445 --
Number of sales 119,180 2,186 --
Number of sales over $250k 62,637 1,383 --
Number of sales over $1m 35,462 733 --
Number of sales over $10m 7,140 81 --
Average total tax amount $25,981 $28,994 --
Average assessed value $1,116,287 $1,332,717 --
Average market value $1,438,589 $1,438,890 --

Challenge industrial property property averages

Property averages United States Wisconsin Challenge
Average lot size 398,428 sf 309,668 sf --
Median lot size 46,710 sf 89,589 sf --
Average building area -- -- --
Median building area -- -- --
Median year built 1981 1974 --
Average number of units 13 11 --
Median number of units -- 2 --

Challenge industrial property total supply

Supply United States Wisconsin Challenge
Number of parcels 1,332,833 20,762 --
Aggregate lot acerage 26,882,290 97,519 --
Aggregate building area -- -- --
Aggregate units 3,080,480 17,008 --

Challenge industrial property industrial mortgages

Debt United States Wisconsin Challenge
Number of mortgages 1,788,761 30,025 --
Average value of mortgages $21,961,534 $27,499,105 --

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