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 $16,926. Commercial real estate sale prices in Otero County have a median of $50,000. The last 24 months of sales history has seen 104 sales, with 18 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 $26.

    Values and sold prices (last 24 months) United States Colorado Otero County
    Average price/sqft $1,504 $5,245 $58
    Median price/sqft $101 $167 $26
    Average sold price $1,208,179 $1,352,076 $144,691
    Median sold price $192,330 $366,450 $50,000
    Number of sales 2,773,382 69,496 104
    Number of sales over $250k 1,175,770 44,049 18
    Number of sales over $1m 307,158 10,594 2
    Number of sales over $10m 46,620 1,325 --
    Average total tax amount $6,485 $7,573 $966
    Average assessed value $294,398 $97,600 $16,926
    Average market value $346,187 $458,239 $61,943

    Otero County commercial real estate property averages

    The average lot size of commercial real estate properties in Otero County is 96,020 sf. This is 83% above the Colorado average.

    Property averages United States Colorado Otero County
    Average lot size 837,124 sf 1,447,948 sf 3,927,602 sf
    Median lot size 25,573 sf 39,635 sf 96,020 sf
    Average building area 1,314 sf 6,279 sf 96 sf
    Median building area 60 sf 114 sf 19 sf
    Median year built 1964 1979 1950
    Average number of units 21 21 11
    Median number of units 2 3 3

    Otero County commercial real estate total supply

    There are 3,990 commercial real estate properties in Otero County. This is 198% below the Colorado average. The total acerage is 110,723 acres and the aggregate building area for commercial real estate properties in Otero County is 22,034 sf.

    Supply United States Colorado Otero County
    Number of parcels 51,649,673 854,843 3,990
    Aggregate lot acerage 684,372,739 18,509,991 110,723
    Aggregate building area 7,014,559,228 sf 569,559,043 sf 22,034 sf
    Aggregate units 92,533,415 1,328,269 71

    Otero County commercial real estate industrial mortgages

    There are 480 mortgages for commercial real estate properties across Otero County in the Reonomy database. The average value of those mortgages is $1,358,949. This is 168% below the Colorado average.

    Debt United States Colorado Otero County
    Number of mortgages 16,069,979 269,345 480
    Average value of mortgages $8,736,706 $15,772,556 $1,358,949

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