Commercial Real Estate in New Mexico

Unlock property data on all 925,974 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 $1,168 $209
Median price/sqft $119 $120
Average sold price $1,117,563 $594,482
Median sold price $197,971 $171,542
Number of sales 3,902,326 32,830
Number of sales over $250k 1,658,544 9,719
Number of sales over $1m 383,309 1,387
Number of sales over $10m 55,529 217
Average total tax amount $9,284 $2,674
Average assessed value $314,791 $1,452,639
Average market value $404,300 $137,742

New Mexico commercial real estate property averages

Property averages United States New Mexico
Average lot size 816,711 sf 689,356 sf
Median lot size 24,409 sf 15,080 sf
Average building area 1,096 sf 196 sf
Median building area 77 sf 103 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 58,289,378 983,255
Aggregate lot acerage 993,315,409 7,090,267
Aggregate building area 8,102,398,713 sf 13,996,910 sf
Aggregate units 89,960,532 338,984

New Mexico commercial real estate industrial mortgages

Debt United States New Mexico
Number of mortgages 41,608,360 523,935
Average value of mortgages $5,187,456 $1,618,344

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