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 $738,625. Hotel property sale prices in New Mexico have a median of $2,250,000. The last 24 months of sales history has seen 65 sales, with 46 sales greater than $250,000, 38 sales valued at over $1,000,000, and 12 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 $85.

Values and sold prices (last 24 months) United States New Mexico
Average price/sqft $7,510 $236
Median price/sqft $110 $85
Average sold price $6,325,917 $7,981,355
Median sold price $1,047,283 $2,250,000
Number of sales 8,842 65
Number of sales over $250k 6,857 46
Number of sales over $1m 4,531 38
Number of sales over $10m 893 12
Average total tax amount $80,594 $29,982
Average assessed value $3,255,242 $738,625
Average market value $3,403,121 $2,129,868

New Mexico hotel property property averages

The average lot size of hotel properties in New Mexico is 65,302 sf. This is 31% above the United States average. The average building area is 49 sf and the median year built is 1985.

Property averages United States New Mexico
Average lot size 615,054 sf 259,750 sf
Median lot size 47,472 sf 65,302 sf
Average building area 6,780 sf 409 sf
Median building area 72 sf 49 sf
Median year built 1978 1985
Average number of units 51 47
Median number of units 16 18

New Mexico hotel property total supply

There are 413 hotel properties in New Mexico. This is 198% below the United States average. The total acerage is 1,806 acres and the aggregate building area for hotel properties in New Mexico is 91,734 sf.

Supply United States New Mexico
Number of parcels 91,962 413
Aggregate lot acerage 1,359,392 1,806
Aggregate building area 275,281,182 sf 91,734 sf
Aggregate units 1,371,070 1,415

New Mexico hotel property industrial mortgages

There are 879 mortgages for hotel properties across New Mexico in the Reonomy database. The average value of those mortgages is $96,531,325. This is 66% above the United States average.

Debt United States New Mexico
Number of mortgages 206,565 879
Average value of mortgages $48,271,507 $96,531,325

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