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 $16,926. Commercial real estate sale prices in Otero County have a median of $50,000. The last 24 months of sales history has seen 109 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 $24.

Values and sold prices (last 24 months) United States Colorado Otero County
Average price/sqft $1,487 $4,778 $54
Median price/sqft $101 $167 $24
Average sold price $1,190,870 $1,355,735 $141,879
Median sold price $190,251 $363,909 $50,000
Number of sales 3,017,432 75,717 109
Number of sales over $250k 1,271,384 47,699 18
Number of sales over $1m 333,285 11,648 2
Number of sales over $10m 50,330 1,450 --
Average total tax amount $6,485 $7,572 $966
Average assessed value $294,387 $97,588 $16,926
Average market value $346,180 $458,174 $61,943

Otero County commercial real estate property averages

The average lot size of commercial real estate properties in Otero County is 95,798 sf. This is 82% above the Colorado average.

Property averages United States Colorado Otero County
Average lot size 837,093 sf 1,447,664 sf 3,927,602 sf
Median lot size 25,591 sf 39,638 sf 95,798 sf
Average building area 1,314 sf 6,278 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 2 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 684,518,718 18,510,535 110,723
Aggregate building area 7,014,588,098 sf 569,559,200 sf 22,034 sf
Aggregate units 92,543,308 1,328,302 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 16,072,153 269,369 480
Average value of mortgages $8,735,955 $15,772,813 $1,358,949

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