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 $909 $2,885
Average sold price $1,037,796 $447,080
Median sold price $196,975 $177,554
Number of sales 3,594,235 29,499
Number of sales over $250k 1,522,457 8,966
Number of sales over $1m 344,082 1,100
Number of sales over $10m 46,755 61
Average total tax amount $7,065 $2,228
Average assessed value $252,208 $48,091
Average market value $356,366 $141,080

New Mexico commercial real estate property averages

Property averages United States New Mexico
Average lot size 816,546 sf 690,490 sf
Median lot size 24,460 sf 15,145 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 1,006,250,046 7,113,804
Aggregate building area 8,055,341,670 sf 12,781,390 sf
Aggregate units 90,014,181 339,570

New Mexico commercial real estate industrial mortgages

Debt United States New Mexico
Number of mortgages 41,925,990 525,495
Average value of mortgages $5,197,811 $1,617,140

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