Commercial Real Estate Market in Cannon AFB, NM
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Cannon AFB, NM spans 543.8 square miles in Curry County, New Mexico. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Cannon AFB, NM runs 20.8% across the West region in 2025, up from 11% in 2019.
Retail
Retail vacancy in Cannon AFB, NM runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Cannon AFB, 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%.
Multifamily
Multifamily vacancy in Cannon AFB, NM runs 8.6% across the West region in 2025, up from 7% in 2022.
Market overview
Demographics & Economy
Cannon AFB, NM has 45,686 residents in 19,801 households. Density runs 84 people per square mile. Median household income here is $55,349 and median gross rent $991 a month.
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Clovis | — | $11.05 |
| Saint Vrain | — | — |
| Texico | — | — |
| Farwell | — | — |
Methodology & data sources
- 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 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 31 August 2026 · report a data issue
