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1416 Mercantile Ave; Albuquerque, NM Property Details

1416 Mercantile Ave, Albuquerque, NM is a Drive-thru Restaurant that was built in 2000. This property is currently a cash purchase and is not for sale. Our records show that 1416 Mercantile Ave has a total of 2,622 square feet. The lot size of 1416 Mercantile Ave is 36,939 square feet.

Off market
1416 Mercantile Ave NE Albuquerque, NM 87107
$281,185 Estimated Value
2,622 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: 2000
  • APN: 1-016-061-298-137-4-01-02
  • Situs County: Bernalillo
  • Length Of Ownership: 3 years, 7 months

Structure

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

Measurements

  • Total: 2,622/SqFt
  • Lot: 36,939/SqFt
  • Gross: 2,622/SqFt
  • Living: 2,622/SqFt
  • Building: 2,622/SqFt

Legal Description

  • Description: TRACT 5-B-2-B-1 PLAT OF TRACTS 5-B-2-B-1 AND 5-B-2-C-1 RENAISSANCE CENTER CONT .8480 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: 35.134617 / -106.61169
  • Property Class: Commercial
  • County Use Code: COMM

Amenities

  • Plus Four: 7039

Ownership Info

1416 Mercantile Ave NE has no associated ownership info
1416 Mercantile Ave NE has no associated ownership info.

Taxes

1416 Mercantile Ave NE has 10 associated Taxes items

1416 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 $281,185. The APN we've located for 1416 Mercantile Ave is 1-016-061-298-137-4-01-02.

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Taxes
  • Assessed Value:  $281,185
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-016-061-298-137-4-01-02
  • Assessed Land Value:  134628
  • Market Land Value:  403925
  • Tax Amount:  37057.42
  • Tax Year:  2025
  • Market Value:  843640
  • Market Year:  2026

Tax History

1416 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 $281,185 Land Value $134,628 Improvement Value $146,557 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $37,057.42 Change Rate +0.099998% Assessed CR Tax Rate
Year 2024 Assessed Value $211,268 Land Value $134,628 Improvement Value $76,640 Tax Amount $33,688.62 Change Rate +0.605599% Assessed CR Tax Rate +0.159459%
Year 2023 Assessed Value $211,268 Land Value $134,628 Improvement Value $76,640 Tax Amount $20,981.96 Change Rate +1.214988% Assessed CR Tax Rate +0.099314%
Year 2022 Assessed Value $197,447 Land Value $125,821 Improvement Value $71,626 Tax Amount $9,472.72 Change Rate -0.705169% Assessed CR Tax Rate +0.047976%
Year 2021 Assessed Value $197,447 Land Value $125,821 Improvement Value $71,626 Tax Amount $32,129.29 Change Rate +0.000626% Assessed CR Tax Rate +0.162724%
Year 2020 Assessed Value $197,481 Land Value $125,821 Improvement Value $71,660 Tax Amount $32,109.2 Change Rate -0.014672% Assessed CR Tax Rate +0.162594%
Year 2019 Assessed Value $197,914 Land Value $125,821 Improvement Value $72,093 Tax Amount $32,587.32 Change Rate -0.014448% Assessed CR Tax Rate +0.164654%
Year 2018 Assessed Value $197,914 Land Value $125,821 Improvement Value $72,093 Tax Amount $33,065.06 Change Rate -0.028651% Assessed CR Tax Rate +0.167068%
Year 2017 Assessed Value $198,614 Land Value $125,821 Improvement Value $72,793 Tax Amount $34,040.34 Change Rate Assessed CR Tax Rate +0.171389%
Year 2016 Assessed Value $209,179 Land Value $125,821 Improvement Value $83,358 Tax Amount $34,040.34 Change Rate -0.836929% Assessed CR Tax Rate +0.162733%
Year 2015 Assessed Value $208,746 Land Value $125,821 Improvement Value $82,925 Tax Amount $208,746 Change Rate +19.85312% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $212,612 Land Value $125,821 Improvement Value $86,791 Tax Amount $10,010.3 Change Rate Assessed CR Tax Rate +0.047082%
Year 2013 Assessed Value $222,178 Land Value $125,821 Improvement Value $96,357 Tax Amount Change Rate Assessed CR Tax Rate
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