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.
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 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|
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|