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.

Values and sold prices (last 24 months) United States Colorado Albuquerque
Average price/sqft $1,286 $2,301 --
Median price/sqft $117 $185 --
Average sold price $1,118,542 $1,320,377 --
Median sold price $196,083 $389,872 --
Number of sales 3,934,359 97,433 --
Number of sales over $250k 1,663,881 65,673 --
Number of sales over $1m 387,932 16,011 --
Number of sales over $10m 55,602 1,875 --
Average total tax amount $9,232 $6,511 $271
Average assessed value $312,101 $83,898 $3,918
Average market value $400,634 $399,950 $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 816,803 sf 1,649,120 sf 2,615,173 sf
Median lot size 24,448 sf 43,167 sf 834,805 sf
Average building area 1,134 sf 4,653 sf --
Median building area 76 sf 136 sf --
Median year built 1970 1981 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.

Supply United States Colorado Albuquerque
Number of parcels 58,091,739 880,764 9
Aggregate lot acerage 976,485,427 24,273,708 480
Aggregate building area 8,209,502,265 sf 644,630,934 sf --
Aggregate units 88,640,560 1,123,395 --

Albuquerque commercial real estate industrial mortgages

Debt United States Colorado Albuquerque
Number of mortgages 40,876,180 689,473 --
Average value of mortgages $5,210,547 $8,777,917 --

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