Commercial real estate in Otero County

Search commercial real estate records in Otero County to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Otero County commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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Reonomy operates the most comprehensive database for Otero County Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Otero County commercial real estate professionals. Members from Otero County include brokers, investors and service providers, many of whom specialize in Otero County Commercial Real Estate.

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Otero County commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Otero County is $17,326. Commercial real estate sale prices in Otero County have a median of $71,100. The last 24 months of sales history has seen 155 sales, with 33 sales greater than $250,000, 5 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Otero County over the last 24 months is $26.

Values and sold prices (last 24 months) United States Colorado Otero County
Average price/sqft $1,330 $2,374 $49
Median price/sqft $117 $183 $26
Average sold price $1,135,318 $1,358,785 $187,789
Median sold price $196,105 $388,474 $71,100
Number of sales 3,869,903 97,472 155
Number of sales over $250k 1,636,202 65,449 33
Number of sales over $1m 384,130 16,174 5
Number of sales over $10m 55,628 1,898 --
Average total tax amount $5,974 $6,537 $1,102
Average assessed value $307,763 $84,143 $17,326
Average market value $389,458 $401,019 $64,105

Otero County commercial real estate property averages

The average lot size of commercial real estate properties in Otero County is 86,983 sf. This is 66% above the Colorado average.

Property averages United States Colorado Otero County
Average lot size 818,509 sf 1,652,222 sf 4,011,089 sf
Median lot size 24,527 sf 43,494 sf 86,983 sf
Average building area 1,113 sf 4,718 sf 47 sf
Median building area 75 sf 135 sf 19 sf
Median year built 1970 1981 1952
Average number of units 16 17 13
Median number of units 2 2 4

Otero County commercial real estate total supply

There are 4,207 commercial real estate properties in Otero County. This is 198% below the Colorado average. The total acerage is 129,190 acres and the aggregate building area for commercial real estate properties in Otero County is 12,099 sf.

Supply United States Colorado Otero County
Number of parcels 57,794,383 880,722 4,207
Aggregate lot acerage 971,055,037 24,247,606 129,190
Aggregate building area 7,965,114,869 sf 650,791,132 sf 12,099 sf
Aggregate units 87,826,320 1,124,615 69

Otero County commercial real estate industrial mortgages

There are 1,018 mortgages for commercial real estate properties across Otero County in the Reonomy database. The average value of those mortgages is $950,707. This is 161% below the Colorado average.

Debt United States Colorado Otero County
Number of mortgages 40,595,359 681,371 1,018
Average value of mortgages $5,215,187 $8,815,483 $950,707

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