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 $16,478. Commercial real estate sale prices in Otero County have a median of $71,100. The last 24 months of sales history has seen 147 sales, with 32 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 $30.

Values and sold prices (last 24 months) United States Colorado Otero County
Average price/sqft $1,344 $6,689 $51
Median price/sqft $115 $176 $30
Average sold price $1,162,392 $1,449,889 $205,544
Median sold price $191,998 $385,458 $71,100
Number of sales 3,863,764 98,243 147
Number of sales over $250k 1,613,612 66,582 32
Number of sales over $1m 389,810 17,300 6
Number of sales over $10m 58,005 2,132 --
Average total tax amount $5,906 $6,221 $947
Average assessed value $273,998 $82,702 $16,478
Average market value $321,055 $395,664 $61,107

Otero County commercial real estate property averages

The average lot size of commercial real estate properties in Otero County is 81,675 sf. This is 60% above the Colorado average.

Property averages United States Colorado Otero County
Average lot size 819,071 sf 1,655,120 sf 3,967,488 sf
Median lot size 24,648 sf 43,556 sf 81,675 sf
Average building area 1,164 sf 6,033 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 123,323 acres and the aggregate building area for commercial real estate properties in Otero County is 10,857 sf.

Supply United States Colorado Otero County
Number of parcels 57,284,908 859,144 4,079
Aggregate lot acerage 882,572,415 22,433,217 123,323
Aggregate building area 8,038,749,161 sf 740,915,269 sf 10,857 sf
Aggregate units 87,803,046 1,097,976 69

Otero County commercial real estate industrial mortgages

There are 955 mortgages for commercial real estate properties across Otero County in the Reonomy database. The average value of those mortgages is $994,084. This is 159% below the Colorado average.

Debt United States Colorado Otero County
Number of mortgages 38,333,456 646,480 955
Average value of mortgages $5,270,760 $8,880,301 $994,084

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