Hotel property in New Mexico
Search hotel property 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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4375 Pan American Fwy NE, Albuquerque, NM 87107
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1580 Appaloosa Dr, Sunland Park, NM 88063
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2000 Bellamah Ave NW, Albuquerque, NM 87104
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2707 Spitz St, Las Cruces, NM 88005
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1202 Futurity Dr, Sunland Park, NM 88063
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950 4th St NW, Albuquerque, NM 87102
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1660 University Blvd NE, Albuquerque, NM 87102
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1641 Hickory Loop, Las Cruces, NM 88005
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236 N Telshor Blvd, Las Cruces, NM 88011
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1300 Woodward Rd SE, Albuquerque, NM 87106
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Popular searches around New Mexico
Reonomy operates the most comprehensive database for New Mexico Hotel Property 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 Hotel Property.
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New Mexico hotel property sold prices and values
The average assessed value of hotel properties in New Mexico is $835,943. Hotel property sale prices in New Mexico have a median of $2,718,750. The last 24 months of sales history has seen 60 sales, with 43 sales greater than $250,000, 38 sales valued at over $1,000,000, and 17 sales valued at over $10,000,000. The average price per square foot of hotel properties in New Mexico over the last 24 months is $90.
| Values and sold prices (last 24 months) | United States | New Mexico |
|---|---|---|
| Average price/sqft | $7,467 | $305 |
| Median price/sqft | $113 | $90 |
| Average sold price | $6,524,869 | $10,693,942 |
| Median sold price | $1,099,194 | $2,718,750 |
| Number of sales | 8,661 | 60 |
| Number of sales over $250k | 6,577 | 43 |
| Number of sales over $1m | 4,495 | 38 |
| Number of sales over $10m | 892 | 17 |
| Average total tax amount | $80,293 | $38,188 |
| Average assessed value | $3,324,124 | $835,943 |
| Average market value | $4,295,638 | $2,425,085 |
New Mexico hotel property property averages
The average lot size of hotel properties in New Mexico is 66,323 sf. This is 33% above the United States average. The average building area is 55 sf and the median year built is 1985.
| Property averages | United States | New Mexico |
|---|---|---|
| Average lot size | 600,555 sf | 271,875 sf |
| Median lot size | 47,272 sf | 66,323 sf |
| Average building area | 6,730 sf | 608 sf |
| Median building area | 74 sf | 55 sf |
| Median year built | 1978 | 1985 |
| Average number of units | 51 | 45 |
| Median number of units | 16 | 18 |
New Mexico hotel property total supply
There are 423 hotel properties in New Mexico. This is 198% below the United States average. The total acerage is 1,953 acres and the aggregate building area for hotel properties in New Mexico is 137,616 sf.
| Supply | United States | New Mexico |
|---|---|---|
| Number of parcels | 92,381 | 423 |
| Aggregate lot acerage | 1,159,686 | 1,953 |
| Aggregate building area | 274,897,203 sf | 137,616 sf |
| Aggregate units | 1,366,877 | 1,500 |
New Mexico hotel property industrial mortgages
There are 939 mortgages for hotel properties across New Mexico in the Reonomy database. The average value of those mortgages is $91,775,476. This is 64% above the United States average.
| Debt | United States | New Mexico |
|---|---|---|
| Number of mortgages | 216,476 | 939 |
| Average value of mortgages | $46,836,937 | $91,775,476 |
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