Commercial real estate in Albuquerque
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Albuquerque commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Albuquerque is $3,918. Commercial real estate sale prices in Albuquerque have a median of $11,250. The last 24 months of sales history has seen 2 sales, with 0 sales greater than $250,000, 0 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000.
|Values and sold prices (last 24 months)||United States||Colorado||Albuquerque|
|Average sold price||$1,162,392||$1,449,889||$11,250|
|Median sold price||$191,467||$385,488||$11,250|
|Number of sales||3,863,764||98,243||2|
|Number of sales over $250k||1,613,612||66,582||--|
|Number of sales over $1m||389,810||17,300||--|
|Number of sales over $10m||58,005||2,132||--|
|Average total tax amount||$5,906||$6,221||$272|
|Average assessed value||$273,996||$82,701||$3,918|
|Average market value||$321,051||$395,660||$13,512|
Albuquerque commercial real estate property averages
The average lot size of commercial real estate properties in Albuquerque is 834,805 sf. This is 180% above the Colorado average.
|Property averages||United States||Colorado||Albuquerque|
|Average lot size||819,068 sf||1,655,107 sf||2,615,173 sf|
|Median lot size||24,646 sf||43,557 sf||834,805 sf|
|Average building area||1,164 sf||6,033 sf||--|
|Median building area||73 sf||124 sf||--|
|Median year built||1970||1980||1965|
|Average number of units||16||17||--|
|Median number of units||2||2||--|
Albuquerque commercial real estate total supply
There are 9 commercial real estate properties in Albuquerque. This is 199% below the Colorado average.
|Number of parcels||57,284,908||859,144||9|
|Aggregate lot acerage||882,586,122||22,433,473||480|
|Aggregate building area||8,038,750,738 sf||740,915,313 sf||--|
Albuquerque commercial real estate industrial mortgages
|Number of mortgages||38,333,712||646,480||--|
|Average value of mortgages||$5,270,730||$8,880,301||--|