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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    Popular searches around Otero County

    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 $19,394. Commercial real estate sale prices in Otero County have a median of $64,000. The last 24 months of sales history has seen 91 sales, with 20 sales greater than $250,000, 2 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 $29.

    Values and sold prices (last 24 months) United States Colorado Otero County
    Average price/sqft $1,465 $1,616 $62
    Median price/sqft $104 $152 $29
    Average sold price $1,204,236 $1,410,883 $245,258
    Median sold price $194,900 $350,722 $64,000
    Number of sales 2,653,092 61,218 91
    Number of sales over $250k 1,126,689 37,642 20
    Number of sales over $1m 295,408 9,302 2
    Number of sales over $10m 45,235 1,238 --
    Average total tax amount $6,928 $7,706 $1,035
    Average assessed value $302,405 $101,612 $19,394
    Average market value $343,743 $475,489 $70,167

    Otero County commercial real estate property averages

    The average lot size of commercial real estate properties in Otero County is 94,938 sf. This is 74% above the Colorado average.

    Property averages United States Colorado Otero County
    Average lot size 891,660 sf 1,569,675 sf 4,008,141 sf
    Median lot size 27,610 sf 43,239 sf 94,938 sf
    Average building area 1,923 sf 7,047 sf 40 sf
    Median building area 61 sf 119 sf 19 sf
    Median year built 1964 1979 1950
    Average number of units 20 22 8
    Median number of units 2 3 2

    Otero County commercial real estate total supply

    There are 3,937 commercial real estate properties in Otero County. This is 198% below the Colorado average. The total acerage is 123,575 acres and the aggregate building area for commercial real estate properties in Otero County is 6,118 sf.

    Supply United States Colorado Otero County
    Number of parcels 50,760,245 826,159 3,937
    Aggregate lot acerage 660,823,342 17,198,638 123,575
    Aggregate building area 6,970,934,095 sf 427,178,067 sf 6,118 sf
    Aggregate units 93,034,235 1,418,464 97

    Otero County commercial real estate industrial mortgages

    There are 1,147 mortgages for commercial real estate properties across Otero County in the Reonomy database. The average value of those mortgages is $7,502,801. This is 32% below the Colorado average.

    Debt United States Colorado Otero County
    Number of mortgages 30,251,145 552,239 1,147
    Average value of mortgages $6,488,333 $10,415,099 $7,502,801

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