Commercial Real Estate in El Paso County – Page 4

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Reonomy attracts a large community of El Paso County 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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El Paso County commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Colorado El Paso County
Average price/sqft $1,075 $2,440 $351
Median price/sqft $120 $185 $146
Average sold price $1,044,280 $1,323,150 $699,586
Median sold price $197,184 $396,682 $373,297
Number of sales 3,896,619 94,882 11,445
Number of sales over $250k 1,652,112 65,000 9,469
Number of sales over $1m 376,992 15,217 1,069
Number of sales over $10m 51,617 1,895 66
Average total tax amount $9,270 $6,486 $5,896
Average assessed value $316,885 $83,509 $72,608
Average market value $436,996 $398,810 $405,393

El Paso County commercial real estate property averages

Property averages United States Colorado El Paso County
Average lot size 816,554 sf 1,643,682 sf 693,856 sf
Median lot size 24,475 sf 42,489 sf 11,366 sf
Average building area 1,077 sf 4,615 sf 252 sf
Median building area 77 sf 137 sf 122 sf
Median year built 1971 1981 1985
Average number of units 16 15 19
Median number of units 2 2 4

El Paso County commercial real estate total supply

Supply United States Colorado El Paso County
Number of parcels 58,466,290 883,400 59,135
Aggregate lot acerage 1,006,474,711 24,407,049 675,267
Aggregate building area 8,055,396,245 sf 645,450,700 sf 4,779,151 sf
Aggregate units 90,031,430 1,122,242 63,075

El Paso County commercial real estate industrial mortgages

Debt United States Colorado El Paso County
Number of mortgages 41,929,296 709,282 84,922
Average value of mortgages $5,197,800 $8,620,266 $8,900,986

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