New Mexico Commercial Real Estate Market Report

As of September 2026 · 588 active listings across 100 cities

Active listings
588
For sale
588
Median asking price
$450K
Avg. advertised cap rate
7.00%
New in last 30 days
0
Submarkets
100
Inventory by property type
  • Land240 · 41%
  • Retail109 · 19%
  • Multifamily65 · 11%
  • Mixed Use60 · 10%
  • Office42 · 7%
  • Industrial29 · 5%
  • Hospitality18 · 3%
  • Special Purpose16 · 3%
Asking price distribution (for sale)
Low $5,500Median $450KHigh $22M

Based on 480 listings that publish an asking price.

Recent market activity
  • New in last 30 days0
  • New in last 90 days588
  • Sold or leased (180 days)6

Market analysis — September 2026

Commrty is tracking 588 active commercial real estate listings in New Mexico. The deepest inventory sits in land (240), retail (109), multifamily (65).

Across listings that disclose pricing, the median asking price is $450K, the median advertised cap rate is 7.00%.

0 listings were added in the last 30 days and 588 in the last 90, a rough read on how quickly inventory is turning over in this market.

Figures are computed from active listings published on Commrty as of September 2026 and describe listed inventory, not the entire market.