Commercial real estate in Albuquerque
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Reonomy operates the most comprehensive database for Albuquerque 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 Albuquerque commercial real estate professionals. Members from Albuquerque include brokers, investors and service providers, many of whom specialize in Albuquerque Commercial Real Estate.
Albuquerque commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Albuquerque is $3,224.
|Values and sold prices (last 24 months)||United States||Illinois||Albuquerque|
|Average sold price||$1,162,392||$1,465,749||--|
|Median sold price||$191,998||$188,008||--|
|Number of sales||3,863,764||147,370||--|
|Number of sales over $250k||1,613,612||60,718||--|
|Number of sales over $1m||389,810||17,254||--|
|Number of sales over $10m||58,005||2,929||--|
|Average total tax amount||$5,906||$9,160||$289|
|Average assessed value||$273,998||$60,168||$3,224|
|Average market value||$321,055||$228,563||$9,672|
Albuquerque commercial real estate property averages
The average lot size of commercial real estate properties in Albuquerque is 17,390 sf. This is 50% above the Illinois average.
|Property averages||United States||Illinois||Albuquerque|
|Average lot size||819,071 sf||379,880 sf||17,390 sf|
|Median lot size||24,648 sf||10,377 sf||17,390 sf|
|Average building area||1,164 sf||199 sf||--|
|Median building area||73 sf||81 sf||--|
|Median year built||1970||1959||--|
|Average number of units||16||9||--|
|Median number of units||2||2||--|
Albuquerque commercial real estate total supply
There are 1 commercial real estate properties in Albuquerque. This is 199% below the Illinois average.
|Number of parcels||57,284,908||2,456,675||--|
|Aggregate lot acerage||882,572,415||11,802,739||--|
|Aggregate building area||8,038,749,161 sf||59,150,531 sf||--|
Albuquerque commercial real estate industrial mortgages
|Number of mortgages||38,333,456||3,175,187||--|
|Average value of mortgages||$5,270,760||$5,560,752||--|