Retail space in New Mexico
Search retail space 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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3801 Southern Blvd SE, Rio Rancho, NM 87124
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900 Highway 70 W, Alamogordo, NM 88310
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136 98th St NW, Albuquerque, NM 87121
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5708 Mcmahon Blvd NW, Albuquerque, NM 87114
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5151 Lang Ave NE, Albuquerque, NM 87109
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3200 La Orilla Rd NW, Albuquerque, NM 87120
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1535 Coors Blvd NW, Albuquerque, NM 87121
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4200 San Mateo Blvd NE, Albuquerque, NM 87110
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2700 Carlisle Blvd NE, Albuquerque, NM 87110
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Central Ave SW, Albuquerque, NM 87105
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Popular searches around New Mexico
Reonomy operates the most comprehensive database for New Mexico Retail Space 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 Retail Space.
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New Mexico retail space sold prices and values
The average assessed value of retail spaces in New Mexico is $208,152. Retail space sale prices in New Mexico have a median of $153,700. The last 24 months of sales history has seen 511 sales, with 228 sales greater than $250,000, 92 sales valued at over $1,000,000, and 12 sales valued at over $10,000,000. The average price per square foot of retail spaces in New Mexico over the last 24 months is $43.
| Values and sold prices (last 24 months) | United States | New Mexico |
|---|---|---|
| Average price/sqft | $600 | $365 |
| Median price/sqft | $82 | $43 |
| Average sold price | $2,961,862 | $5,188,980 |
| Median sold price | $343,008 | $153,700 |
| Number of sales | 112,258 | 511 |
| Number of sales over $250k | 64,430 | 228 |
| Number of sales over $1m | 31,669 | 92 |
| Number of sales over $10m | 4,767 | 12 |
| Average total tax amount | $20,069 | $9,714 |
| Average assessed value | $808,175 | $208,152 |
| Average market value | $942,419 | $586,819 |
New Mexico retail space property averages
The average lot size of retail spaces in New Mexico is 21,460 sf. This is 7% above the United States average.
| Property averages | United States | New Mexico |
|---|---|---|
| Average lot size | 461,261 sf | 54,923 sf |
| Median lot size | 19,850 sf | 21,460 sf |
| Average building area | 787 sf | 808 sf |
| Median building area | 56 sf | -- |
| Median year built | 1972 | 1977 |
| Average number of units | 11 | 28 |
| Median number of units | -- | 5 |
New Mexico retail space total supply
There are 8,390 retail spaces in New Mexico. This is 197% below the United States average. The total acerage is 6,733 acres and the aggregate building area for retail spaces in New Mexico is 2,486,018 sf.
| Supply | United States | New Mexico |
|---|---|---|
| Number of parcels | 1,456,042 | 8,390 |
| Aggregate lot acerage | 47,669,012 | 6,733 |
| Aggregate building area | 499,165,605 sf | 2,486,018 sf |
| Aggregate units | 3,590,824 | 22,876 |
New Mexico retail space industrial mortgages
There are 8,473 mortgages for retail spaces across New Mexico in the Reonomy database. The average value of those mortgages is $32,481,340. This is 73% above the United States average.
| Debt | United States | New Mexico |
|---|---|---|
| Number of mortgages | 2,102,203 | 8,473 |
| Average value of mortgages | $15,108,917 | $32,481,340 |
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