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.

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    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 $66,352. Commercial real estate sale prices in New Mexico have a median of $33,871. The last 24 months of sales history has seen 14,516 sales, with 3,666 sales greater than $250,000, 957 sales valued at over $1,000,000, and 92 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 $89.

    Values and sold prices (last 24 months) United States New Mexico
    Average price/sqft $1,569 $200
    Median price/sqft $101 $89
    Average sold price $1,215,213 $480,019
    Median sold price $186,304 $33,871
    Number of sales 2,886,754 14,516
    Number of sales over $250k 1,202,594 3,666
    Number of sales over $1m 323,569 957
    Number of sales over $10m 49,909 92
    Average total tax amount $6,520 $1,702
    Average assessed value $288,098 $66,352
    Average market value $329,971 $117,539

    New Mexico commercial real estate property averages

    The average lot size of commercial real estate properties in New Mexico is 21,921 sf. This is 15% below the United States average.

    Property averages United States New Mexico
    Average lot size 841,144 sf 779,606 sf
    Median lot size 25,552 sf 21,921 sf
    Average building area 1,521 sf 365 sf
    Median building area 59 sf 39 sf
    Median year built 1964 1979
    Average number of units 20 35
    Median number of units 2 6

    New Mexico commercial real estate total supply

    There are 843,700 commercial real estate properties in New Mexico. This is 193% below the United States average. The total acerage is 5,388,174 acres and the aggregate building area for commercial real estate properties in New Mexico is 6,642,092 sf.

    Supply United States New Mexico
    Number of parcels 51,092,560 843,700
    Aggregate lot acerage 616,568,166 5,388,174
    Aggregate building area 7,966,355,086 sf 6,642,092 sf
    Aggregate units 90,620,061 368,446

    New Mexico commercial real estate industrial mortgages

    There are 58,379 mortgages for commercial real estate properties across New Mexico in the Reonomy database. The average value of those mortgages is $9,336,098. This is 6% above the United States average.

    Debt United States New Mexico
    Number of mortgages 15,805,722 58,379
    Average value of mortgages $8,744,434 $9,336,098

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