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.

To access full information start a free trial

New Mexico commercial real estate sold prices and values

The average assessed value of commercial real estate properties in New Mexico is $38,508. The last 24 months of sales history has seen 18,573 sales, with 3,926 sales greater than $250,000, 984 sales valued at over $1,000,000, and 96 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 $66.

Values and sold prices (last 24 months) United States New Mexico
Average price/sqft $1,504 $416
Median price/sqft $101 $66
Average sold price $1,208,179 $438,128
Median sold price $192,594 --
Number of sales 2,773,382 18,573
Number of sales over $250k 1,175,770 3,926
Number of sales over $1m 307,158 984
Number of sales over $10m 46,620 96
Average total tax amount $6,485 $1,568
Average assessed value $294,400 $38,508
Average market value $346,195 $121,975

New Mexico commercial real estate property averages

The average lot size of commercial real estate properties in New Mexico is 22,308 sf. This is 13% below the United States average.

Property averages United States New Mexico
Average lot size 837,155 sf 800,435 sf
Median lot size 25,565 sf 22,308 sf
Average building area 1,314 sf 349 sf
Median building area 60 sf 35 sf
Median year built 1964 1980
Average number of units 21 36
Median number of units 2 6

New Mexico commercial real estate total supply

There are 857,250 commercial real estate properties in New Mexico. This is 193% below the United States average. The total acerage is 4,420,732 acres and the aggregate building area for commercial real estate properties in New Mexico is 7,288,534 sf.

Supply United States New Mexico
Number of parcels 51,649,673 857,250
Aggregate lot acerage 684,407,114 4,420,732
Aggregate building area 7,014,561,037 sf 7,288,534 sf
Aggregate units 92,534,440 385,536

New Mexico commercial real estate industrial mortgages

There are 60,966 mortgages for commercial real estate properties across New Mexico in the Reonomy database. The average value of those mortgages is $9,489,102. This is 8% above the United States average.

Debt United States New Mexico
Number of mortgages 16,070,158 60,966
Average value of mortgages $8,736,614 $9,489,102

To access full information start a free trial