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 $16,485. Commercial real estate sale prices in Otero County have a median of $60,100. The last 24 months of sales history has seen 141 sales, with 30 sales greater than $250,000, 6 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 $1,429 $7,285 $50
Median price/sqft $115 $177 $29
Average sold price $1,175,028 $1,477,858 $204,403
Median sold price $192,662 $386,211 $60,100
Number of sales 3,653,861 92,879 141
Number of sales over $250k 1,530,048 63,029 30
Number of sales over $1m 369,680 16,117 6
Number of sales over $10m 55,427 2,063 --
Average total tax amount $5,912 $6,834 $959
Average assessed value $302,534 $84,822 $16,485
Average market value $377,431 $401,867 $61,062

Otero County commercial real estate property averages

The average lot size of commercial real estate properties in Otero County is 82,038 sf. This is 61% above the Colorado average.

Property averages United States Colorado Otero County
Average lot size 818,966 sf 1,660,563 sf 3,962,669 sf
Median lot size 24,701 sf 43,561 sf 82,038 sf
Average building area 1,170 sf 6,101 sf 43 sf
Median building area 73 sf 124 sf 19 sf
Median year built 1970 1980 1952
Average number of units 16 17 13
Median number of units 2 2 4

Otero County commercial real estate total supply

There are 4,079 commercial real estate properties in Otero County. This is 198% below the Colorado average. The total acerage is 123,446 acres and the aggregate building area for commercial real estate properties in Otero County is 10,782 sf.

Supply United States Colorado Otero County
Number of parcels 57,284,908 859,144 4,079
Aggregate lot acerage 883,661,852 22,593,249 123,446
Aggregate building area 8,074,578,464 sf 749,258,267 sf 10,782 sf
Aggregate units 87,963,611 1,108,858 69

Otero County commercial real estate industrial mortgages

There are 956 mortgages for commercial real estate properties across Otero County in the Reonomy database. The average value of those mortgages is $993,084. This is 159% below the Colorado average.

Debt United States Colorado Otero County
Number of mortgages 39,329,028 650,757 956
Average value of mortgages $5,222,868 $8,836,087 $993,084

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