Commercial Real Estate in El Paso | Reonomy

Commercial Real Estate in El Paso

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El Paso commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Texas El Paso
Average price/sqft -- -- --
Average sold price $934,214 $708,238 $547,569
Median sold price $85,387 $7,467 $126,162
Number of sales 5,652,574 442,442 4,107
Number of sales over $250k 1,875,645 130,371 1,215
Number of sales over $1m 499,091 11,019 140
Number of sales over $10m 75,439 2,050 35
Average total tax amount $5,396 $7,907 $10,925
Average assessed value $244,766 $322,534 $347,441
Average market value $333,949 $367,926 $348,837

El Paso commercial real estate property averages

Property averages United States Texas El Paso
Average lot size 888,054 sf 1,171,342 sf 87,207 sf
Median lot size 28,492 sf 39,034 sf 10,824 sf
Average building area -- -- --
Median building area -- -- --
Median year built 1971 1986 1981
Average number of units 16 32 11
Median number of units 2 2 2

El Paso commercial real estate total supply

Supply United States Texas El Paso
Number of parcels 164,364,507 5,020,879 47,430
Aggregate lot acerage 829,741,075 100,602,466 55,952
Aggregate building area -- -- --
Aggregate units 95,877,249 5,778,671 107,127

El Paso commercial real estate industrial mortgages

Debt United States Texas El Paso
Number of mortgages 43,374,117 2,489,761 42,856
Average value of mortgages $6,681,087 $6,504,769 $4,748,116

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