Commercial real estate in New Mexico

Search commercial real estate records in New Mexico 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 New Mexico 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.

Popular searches around New Mexico

Reonomy operates the most comprehensive database for New Mexico 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 New Mexico commercial real estate professionals. Members from New Mexico include brokers, investors and service providers, many of whom specialize in New Mexico Commercial Real Estate.

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New Mexico commercial real estate sold prices and values

The average assessed value of commercial real estate properties in New Mexico is $42,799. Commercial real estate sale prices in New Mexico have a median of $154,912. The last 24 months of sales history has seen 32,000 sales, with 8,381 sales greater than $250,000, 1,171 sales valued at over $1,000,000, and 159 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in New Mexico over the last 24 months is $115.

Values and sold prices (last 24 months) United States New Mexico
Average price/sqft $1,344 $137
Median price/sqft $115 $115
Average sold price $1,162,392 $432,387
Median sold price $191,467 $154,912
Number of sales 3,863,764 32,000
Number of sales over $250k 1,613,612 8,381
Number of sales over $1m 389,810 1,171
Number of sales over $10m 58,005 159
Average total tax amount $5,906 $1,590
Average assessed value $273,996 $42,799
Average market value $321,051 $133,161

New Mexico commercial real estate property averages

The average lot size of commercial real estate properties in New Mexico is 15,021 sf. This is 48% below the United States average.

Property averages United States New Mexico
Average lot size 819,068 sf 684,074 sf
Median lot size 24,646 sf 15,021 sf
Average building area 1,164 sf 182 sf
Median building area 73 sf 101 sf
Median year built 1970 1985
Average number of units 16 39
Median number of units 2 6

New Mexico commercial real estate total supply

There are 969,748 commercial real estate properties in New Mexico. This is 193% below the United States average. The total acerage is 6,753,070 acres and the aggregate building area for commercial real estate properties in New Mexico is 12,182,127 sf.

Supply United States New Mexico
Number of parcels 57,284,908 969,748
Aggregate lot acerage 882,586,122 6,753,070
Aggregate building area 8,038,750,738 sf 12,182,127 sf
Aggregate units 87,804,464 325,865

New Mexico commercial real estate industrial mortgages

There are 487,454 mortgages for commercial real estate properties across New Mexico in the Reonomy database. The average value of those mortgages is $1,653,061. This is 104% below the United States average.

Debt United States New Mexico
Number of mortgages 38,333,712 487,454
Average value of mortgages $5,270,730 $1,653,061

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