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.

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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