Commercial Real Estate in Albuquerque
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Popular searches around Albuquerque
Reonomy attracts a large community of Albuquerque commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
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Albuquerque commercial real estate sold prices and values
| Values and sold prices (last 24 months) | United States | Arizona | Albuquerque |
|---|---|---|---|
| Average price/sqft | $909 | $1,211 | -- |
| Average sold price | $1,037,796 | $4,106,849 | -- |
| Median sold price | $196,968 | $250,116 | -- |
| Number of sales | 3,594,235 | 125,721 | -- |
| Number of sales over $250k | 1,522,457 | 63,051 | -- |
| Number of sales over $1m | 344,082 | 22,888 | -- |
| Number of sales over $10m | 46,755 | 4,003 | -- |
| Average total tax amount | $7,065 | $2,777 | -- |
| Average assessed value | $252,208 | $31,764 | -- |
| Average market value | $356,366 | $218,297 | -- |
Albuquerque commercial real estate property averages
| Property averages | United States | Arizona | Albuquerque |
|---|---|---|---|
| Average lot size | 816,546 sf | 498,282 sf | 6,969,600 sf |
| Median lot size | 24,481 sf | 27,197 sf | 6,969,600 sf |
| Average building area | 1,078 sf | 1,401 sf | -- |
| Median building area | 77 sf | 105 sf | -- |
| Median year built | 1970 | 1986 | 1950 |
| Average number of units | 16 | 64 | -- |
| Median number of units | 2 | 4 | -- |
Albuquerque commercial real estate total supply
| Supply | United States | Arizona | Albuquerque |
|---|---|---|---|
| Number of parcels | 58,466,290 | 1,148,111 | -- |
| Aggregate lot acerage | 1,006,250,046 | 12,426,862 | 160 |
| Aggregate building area | 8,055,341,670 sf | 217,807,653 sf | -- |
| Aggregate units | 90,014,181 | 3,403,113 | -- |
Albuquerque commercial real estate industrial mortgages
| Debt | United States | Arizona | Albuquerque |
|---|---|---|---|
| Number of mortgages | 41,925,990 | 1,047,017 | -- |
| Average value of mortgages | $5,197,811 | $9,214,440 | -- |
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