Commercial Real Estate Market in Artesia, NM
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
105 active listings and 96 off-market properties in Artesia, NM. Commercial property asks $4/SF to buy and $7.95/SF/Yr to lease.
Market Trends
Artesia, NM spans 1,287.3 square miles in Eddy County, New Mexico. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Artesia, NM runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Artesia, NM runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Artesia, NM runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Artesia, NM runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 30.9%
- Residential 28.3%
- Industrial 14.5%
- Planned_development 5.1%
- Civic 0.4%
Largest Zones share of zoned land by district
Commercial
Light Industrial
Single Family Residential
Single Family Residential
General Residential
Artesia, NM zones 7,602 acres across 14 districts. Commercial zoning covers 30.9% of zoned land, residential 28.3% and industrial 14.5%. The largest single district is Commercial at 30.9%. For commercial buyers the practical constraint is that only 45.3% of land carries a commercial or industrial designation.
Commercial (C)
The intent of this zone is to promote commercial uses
Market overview
Demographics & Economy
Artesia, NM has 18,571 residents in 7,851 households. Density runs 14 people per square mile. Median household income here is $80,423 and median gross rent $925 a month.
18,571
Population
7,851
Households
2.4
Avg Household Size
35
Median Age
19%
College-Educated
86%
High-School Grad
1287.3 sq mi
ZIP Area
14
Density / Sq Mi
$80,423
Median Household Income
$47,725
Median Earnings
$925
Median Rent
$213,900
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Artesia?
Commercial property in Artesia, NM asks an average of $4 per square foot.
How much does it cost to lease commercial space in Artesia?
Asking lease rates in Artesia, NM average $7.95 per square foot per year.
What zoning applies to commercial property in Artesia?
Artesia, NM zones 7,602 acres across 14 districts, of which 30.9% is commercial and 14.5% industrial. The largest single district is Commercial at 30.9% of zoned land. The intent of this zone is to promote commercial uses Residential zoning covers 28.3% and open space 0%.
Where does Realmo's Artesia market data come from?
Realmo compiles Artesia, NM figures from 102 active sale listings, 3 active lease listings, 96 tracked off-market properties, the current Artesia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 102 active for-sale and 3 active for-lease listings in Artesia, NM. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 7,602 zoned acres across 14 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
