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 $908 $3,092
Average sold price $1,082,211 $492,168
Median sold price $198,569 $181,685
Number of sales 2,792,236 21,863
Number of sales over $250k 1,189,680 6,841
Number of sales over $1m 269,060 850
Number of sales over $10m 36,917 43
Average total tax amount $7,139 $2,210
Average assessed value $251,540 $46,564
Average market value $356,178 $136,616

New Mexico commercial real estate property averages

Property averages United States New Mexico
Average lot size -- 690,490 sf
Median lot size -- 15,112 sf
Average building area -- 179 sf
Median building area -- 104 sf
Median year built -- 1985
Average number of units -- 40
Median number of units -- 7

New Mexico commercial real estate total supply

Supply United States New Mexico
Number of parcels 58,466,290 983,888
Aggregate lot acerage -- 7,113,804
Aggregate building area -- 12,781,390 sf
Aggregate units -- 339,570

New Mexico commercial real estate industrial mortgages

Debt United States New Mexico
Number of mortgages -- 525,495
Average value of mortgages -- $1,617,140

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