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1420 Mercantile Ave; Albuquerque, NM Property Details

1420 Mercantile Ave, Albuquerque, NM is a Wholesale Outlet/discount that was built in 2006. This property is currently Financed and is not for sale. Our records show that 1420 Mercantile Ave has a total of 30,510 square feet. The lot size of 1420 Mercantile Ave is 131,377 square feet.

Off market
1424 Mercantile Ave NE Albuquerque, NM 87107
$974,428 Estimated Value
30,510 SqFt
Property Type
Wholesale Outlet/discount
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2006
  • Purchase Price: $5,000,000
  • Open Loans / Balance: 1 / $2,869,250
  • APN: 1-016-061-348-143-4-01-10
  • Situs County: Bernalillo
  • Length Of Ownership: 9 years, 8 months

Structure

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

Measurements

  • Total: 30,510/SqFt
  • Lot: 131,377/SqFt
  • Gross: 30,510/SqFt
  • Living: 30,510/SqFt
  • Building: 30,510/SqFt
  • Price Per Square Foot: $163.88

Legal Description

  • Description: TR 5-B-2-C-1-B-2-A 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 3.0164 AC
Building Insights

Land Information

  • Property Type: Wholesale Outlet/Discount
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.134987 / -106.609955
  • Subdivision: Renaissance Center
  • Property Class: Commercial
  • County Use Code: COMM

Amenities

  • Plus Four: 7039

Ownership Info

1424 Mercantile Ave NE has no associated ownership info
1424 Mercantile Ave NE has no associated ownership info.

Taxes

1424 Mercantile Ave NE has 10 associated Taxes items

1420 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 $974,428. The APN we've located for 1420 Mercantile Ave is 1-016-061-348-143-4-01-10.

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Taxes
  • Assessed Value:  $974,428
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-016-061-348-143-4-01-10
  • Assessed Land Value:  261574
  • Market Land Value:  784800
  • Tax Amount:  38454.98
  • Tax Year:  2025
  • Market Value:  2923575
  • Market Year:  2026

Tax History

1424 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 $974,428 Land Value $261,574 Improvement Value $712,854 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $38,454.98 Change Rate +0.089597% Assessed CR Tax Rate
Year 2024 Assessed Value $738,220 Land Value $261,574 Improvement Value $476,646 Tax Amount $35,292.84 Change Rate -0.003502% Assessed CR Tax Rate +0.047808%
Year 2023 Assessed Value $738,220 Land Value $261,574 Improvement Value $476,646 Tax Amount $35,416.86 Change Rate +0.077173% Assessed CR Tax Rate +0.047976%
Year 2022 Assessed Value $685,331 Land Value $239,976 Improvement Value $445,355 Tax Amount $32,879.46 Change Rate -0.000041% Assessed CR Tax Rate +0.047976%
Year 2021 Assessed Value $685,331 Land Value $239,976 Improvement Value $445,355 Tax Amount $32,880.82 Change Rate -0.021323% Assessed CR Tax Rate +0.047978%
Year 2020 Assessed Value $700,263 Land Value $239,976 Improvement Value $460,287 Tax Amount $33,597.22 Change Rate -0.020022% Assessed CR Tax Rate +0.047978%
Year 2019 Assessed Value $714,495 Land Value $239,976 Improvement Value $474,519 Tax Amount $34,283.64 Change Rate -0.019704% Assessed CR Tax Rate +0.047983%
Year 2018 Assessed Value $714,495 Land Value $239,976 Improvement Value $474,519 Tax Amount $34,972.76 Change Rate +0.924264% Assessed CR Tax Rate +0.048948%
Year 2017 Assessed Value $728,827 Land Value $239,976 Improvement Value $488,851 Tax Amount $18,174.62 Change Rate -0.5% Assessed CR Tax Rate +0.024937%
Year 2016 Assessed Value $758,224 Land Value $239,976 Improvement Value $518,248 Tax Amount $36,349.24 Change Rate -0.952488% Assessed CR Tax Rate +0.04794%
Year 2015 Assessed Value $765,057 Land Value $239,976 Improvement Value $525,081 Tax Amount $765,057 Change Rate +40.179874% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $780,422 Land Value $239,976 Improvement Value $540,446 Tax Amount $18,578.42 Change Rate Assessed CR Tax Rate +0.023806%
Year 2013 Assessed Value $777,256 Land Value $239,976 Improvement Value $537,280 Tax Amount Change Rate Assessed CR Tax Rate
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