Commercial Real Estate in New Mexico | Reonomy

Commercial Real Estate in New Mexico

Unlock property data on all 926,259 commercial properties in New Mexico. Search across 33 counties to find the New Mexico property records you need, and get in touch with Commercial Real Estate owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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Popular searches around New Mexico

Reonomy attracts a large community of New Mexico commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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New Mexico commercial real estate sold prices and values

Values and sold prices (last 24 months) United States New Mexico
Average price/sqft $945 $2,977
Average sold price $1,051,559 $466,282
Median sold price $197,877 $179,500
Number of sales 3,311,016 26,815
Number of sales over $250k 1,405,142 8,282
Number of sales over $1m 316,433 1,022
Number of sales over $10m 42,830 56
Average total tax amount $7,047 $2,248
Average assessed value $252,071 $47,629
Average market value $355,894 $139,800

New Mexico commercial real estate property averages

Property averages United States New Mexico
Average lot size 815,813 sf 690,490 sf
Median lot size 24,444 sf 15,150 sf
Average building area 1,078 sf 179 sf
Median building area 77 sf 104 sf
Median year built 1970 1985
Average number of units 16 40
Median number of units 2 6

New Mexico commercial real estate total supply

Supply United States New Mexico
Number of parcels 58,466,290 983,888
Aggregate lot acerage 1,005,539,896 7,113,804
Aggregate building area 8,055,243,770 sf 12,781,390 sf
Aggregate units 90,000,916 339,570

New Mexico commercial real estate industrial mortgages

Debt United States New Mexico
Number of mortgages 41,923,137 525,495
Average value of mortgages $5,197,256 $1,617,140

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