Commercial Real Estate Market in Vanderwagen, NM
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
52 active listings and 1,203 off-market properties in Vanderwagen, NM. Commercial property asks $140/SF to buy and $9.76/SF/Yr to lease.
Market Trends
Vanderwagen, NM spans 235.0 square miles in McKinley County, New Mexico. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Vanderwagen, NM runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Vanderwagen, NM runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Vanderwagen, 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 Vanderwagen, NM runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Vanderwagen, NM has 2,437 residents in 925 households. Density runs 10 people per square mile. Median household income here is $31,844.
2,437
Population
925
Households
2.6
Avg Household Size
41
Median Age
9%
College-Educated
79%
High-School Grad
235 sq mi
ZIP Area
10
Density / Sq Mi
$31,844
Median Household Income
$31,316
Median Earnings
$0
Median Rent
$50,500
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Vanderwagen?
Commercial property in Vanderwagen, NM asks an average of $140 per square foot.
How much does it cost to lease commercial space in Vanderwagen?
Asking lease rates in Vanderwagen, NM average $9.76 per square foot per year.
Where does Realmo's Vanderwagen market data come from?
Realmo compiles Vanderwagen, NM figures from 43 active sale listings, 9 active lease listings, 1,203 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 43 active for-sale and 9 active for-lease listings in Vanderwagen, 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.
- 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
