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 $1,463,285. Commercial real estate sale prices in New Mexico have a median of $168,454. The last 24 months of sales history has seen 33,345 sales, with 9,587 sales greater than $250,000, 1,262 sales valued at over $1,000,000, and 216 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 $119.

Values and sold prices (last 24 months) United States New Mexico
Average price/sqft $1,286 $211
Median price/sqft $117 $119
Average sold price $1,118,542 $583,660
Median sold price $196,083 $168,454
Number of sales 3,934,359 33,345
Number of sales over $250k 1,663,881 9,587
Number of sales over $1m 387,932 1,262
Number of sales over $10m 55,602 216
Average total tax amount $9,232 $2,704
Average assessed value $312,101 $1,463,285
Average market value $400,634 $138,055

New Mexico commercial real estate property averages

The average lot size of commercial real estate properties in New Mexico is 15,023 sf. This is 47% below the United States average.

Property averages United States New Mexico
Average lot size 816,803 sf 684,072 sf
Median lot size 24,448 sf 15,023 sf
Average building area 1,134 sf 200 sf
Median building area 76 sf 103 sf
Median year built 1970 1984
Average number of units 16 40
Median number of units 2 6

New Mexico commercial real estate total supply

There are 980,416 commercial real estate properties in New Mexico. This is 193% below the United States average. The total acerage is 6,977,420 acres and the aggregate building area for commercial real estate properties in New Mexico is 14,272,971 sf.

Supply United States New Mexico
Number of parcels 58,091,739 980,416
Aggregate lot acerage 976,485,427 6,977,420
Aggregate building area 8,209,502,265 sf 14,272,971 sf
Aggregate units 88,640,560 330,589

New Mexico commercial real estate industrial mortgages

There are 518,991 mortgages for commercial real estate properties across New Mexico in the Reonomy database. The average value of those mortgages is $1,611,181. This is 105% below the United States average.

Debt United States New Mexico
Number of mortgages 40,876,180 518,991
Average value of mortgages $5,210,547 $1,611,181

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