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1408 Mercantile Ave; Albuquerque, NM Property Details

1408 Mercantile Ave, Albuquerque, NM is a Drive-thru Restaurant that was built in 2002. This property is currently Bank Sale and is not for sale. Our records show that 1408 Mercantile Ave has a total of 2,376 square feet. The lot size of 1408 Mercantile Ave is 32,496 square feet.

Off market
1408 Mercantile Ave NE Albuquerque, NM 87107
$217,351 Estimated Value
2,376 SqFt
Property Type
Drive-thru Restaurant
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2002
  • APN: 1-016-061-302-146-4-01-11
  • Situs County: Bernalillo
  • Length Of Ownership: 25 years, 1 months

Structure

  • Building Quality: B
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,376/SqFt
  • Lot: 32,496/SqFt
  • Gross: 2,376/SqFt
  • Living: 2,376/SqFt
  • Building: 2,376/SqFt

Legal Description

  • Description: TR 5-B-2-C-1-A-1 PLAT OF TRACTS 5-B-2-C-1-A-1, 5-B-2-C-1-B-1-A & 5-B-2-C-1-B-2-A RENAISSANCE CENTER CONT .7458 AC
Building Insights

Land Information

  • Property Type: Drive-thru Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.135082 / -106.61148
  • Subdivision: Renaissance Center
  • Property Class: Commercial
  • County Use Code: COMM

Amenities

  • Plus Four: 7039

Ownership Info

1408 Mercantile Ave NE has no associated ownership info
1408 Mercantile Ave NE has no associated ownership info.

Taxes

1408 Mercantile Ave NE has 10 associated Taxes items

1408 Mercantile Ave, Albuquerque, NM pays taxes in Bernalillo County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $217,351. The APN we've located for 1408 Mercantile Ave is 1-016-061-302-146-4-01-11.

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Taxes
  • Assessed Value:  $217,351
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-016-061-302-146-4-01-11
  • Assessed Land Value:  118401
  • Market Land Value:  355240
  • Tax Amount:  8625.98
  • Tax Year:  2025
  • Market Value:  652120
  • Market Year:  2026

Tax History

1408 Mercantile Ave NE has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $217,351 Land Value $118,401 Improvement Value $98,950 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $8,625.98 Change Rate +0.013683% Assessed CR Tax Rate
Year 2024 Assessed Value $177,994 Land Value $118,401 Improvement Value $59,593 Tax Amount $8,509.54 Change Rate -0.003501% Assessed CR Tax Rate +0.047808%
Year 2023 Assessed Value $177,994 Land Value $118,401 Improvement Value $59,593 Tax Amount $8,539.44 Change Rate +0.067211% Assessed CR Tax Rate +0.047976%
Year 2022 Assessed Value $166,784 Land Value $110,656 Improvement Value $56,128 Tax Amount $8,001.64 Change Rate -0.000042% Assessed CR Tax Rate +0.047976%
Year 2021 Assessed Value $166,784 Land Value $110,656 Improvement Value $56,128 Tax Amount $8,001.98 Change Rate -0.003976% Assessed CR Tax Rate +0.047978%
Year 2020 Assessed Value $167,450 Land Value $110,656 Improvement Value $56,794 Tax Amount $8,033.92 Change Rate -0.014236% Assessed CR Tax Rate +0.047978%
Year 2019 Assessed Value $169,850 Land Value $110,656 Improvement Value $59,194 Tax Amount $8,149.94 Change Rate -0.015494% Assessed CR Tax Rate +0.047983%
Year 2018 Assessed Value $169,850 Land Value $110,656 Improvement Value $59,194 Tax Amount $8,278.2 Change Rate +0.959848% Assessed CR Tax Rate +0.048738%
Year 2017 Assessed Value $171,283 Land Value $110,656 Improvement Value $60,627 Tax Amount $4,223.9 Change Rate -0.5% Assessed CR Tax Rate +0.02466%
Year 2016 Assessed Value $176,216 Land Value $110,656 Improvement Value $65,560 Tax Amount $8,447.8 Change Rate -0.951896% Assessed CR Tax Rate +0.04794%
Year 2015 Assessed Value $175,616 Land Value $110,656 Improvement Value $64,960 Tax Amount $175,616 Change Rate +19.727863% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $179,182 Land Value $110,656 Improvement Value $68,526 Tax Amount $8,472.46 Change Rate Assessed CR Tax Rate +0.047284%
Year 2013 Assessed Value $188,115 Land Value $110,656 Improvement Value $77,459 Tax Amount Change Rate Assessed CR Tax Rate
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