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1431 Mercantile Ave; Albuquerque, NM Property Details

1431 Mercantile Ave, Albuquerque, NM is a Shopping Center/mini-mall that was built in 2007. This property is currently a cash purchase and is not for sale. Our records show that 1431 Mercantile Ave has a total of 10,332 square feet. The lot size of 1431 Mercantile Ave is 160,475 square feet.

Off market
1431 Mercantile Ave NE Albuquerque, NM 87107
$1,154,018 Estimated Value
10,332 SqFt
Property Type
Shopping Center/mini-mall
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2007
  • APN: 1-016-061-350-183-4-06-10
  • Situs County: Bernalillo
  • Length Of Ownership: 12 years, 8 months

Structure

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

Measurements

  • Total: 10,332/SqFt
  • Lot: 160,475/SqFt
  • Gross: 10,332/SqFt
  • Living: 43,509/SqFt
  • Building: 10,332/SqFt

Legal Description

  • Description: TR 6A2 PLAT OF TRACTS 6-A-1, 6-A-2, 7-A & 7-B RENAISSANCE CENTER CONT 3.684 AC OR 160,462 SF
Building Insights

Land Information

  • Property Type: Shopping Center/Mini-Mall
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.135967 / -106.609924
  • Subdivision: Renaissance Center
  • Property Class: Commercial
  • County Use Code: COMM

Amenities

  • Plus Four: 7016

Ownership Info

1431 Mercantile Ave NE has no associated ownership info
1431 Mercantile Ave NE has no associated ownership info.

Taxes

1431 Mercantile Ave NE has 10 associated Taxes items

1431 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 $1,154,018. The APN we've located for 1431 Mercantile Ave is 1-016-061-350-183-4-06-10.

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Taxes
  • Assessed Value:  $1,154,018
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-016-061-350-183-4-06-10
  • Assessed Land Value:  279848
  • Market Land Value:  839627
  • Tax Amount:  53233.7
  • Tax Year:  2025
  • Market Value:  3462400
  • Market Year:  2026

Tax History

1431 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 $1,154,018 Land Value $279,848 Improvement Value $874,170 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $53,233.7 Change Rate +0.173234% Assessed CR Tax Rate
Year 2024 Assessed Value $949,077 Land Value $279,848 Improvement Value $669,229 Tax Amount $45,373.48 Change Rate -0.003502% Assessed CR Tax Rate +0.047808%
Year 2023 Assessed Value $949,077 Land Value $279,848 Improvement Value $669,229 Tax Amount $45,532.92 Change Rate +0.09% Assessed CR Tax Rate +0.047976%
Year 2022 Assessed Value $870,713 Land Value $256,741 Improvement Value $613,972 Tax Amount $41,773.32 Change Rate -0.029285% Assessed CR Tax Rate +0.047976%
Year 2021 Assessed Value $896,944 Land Value $256,741 Improvement Value $640,203 Tax Amount $43,033.56 Change Rate Assessed CR Tax Rate +0.047978%
Year 2020 Assessed Value $896,944 Land Value $256,741 Improvement Value $640,203 Tax Amount $43,033.56 Change Rate -0.000105% Assessed CR Tax Rate +0.047978%
Year 2019 Assessed Value $896,944 Land Value $256,741 Improvement Value $640,203 Tax Amount $43,038.06 Change Rate -0.000041% Assessed CR Tax Rate +0.047983%
Year 2018 Assessed Value $896,944 Land Value $256,741 Improvement Value $640,203 Tax Amount $43,039.84 Change Rate +1.001877% Assessed CR Tax Rate +0.047985%
Year 2017 Assessed Value $896,944 Land Value $256,741 Improvement Value $640,203 Tax Amount $21,499.74 Change Rate -0.5% Assessed CR Tax Rate +0.02397%
Year 2016 Assessed Value $896,944 Land Value $256,741 Improvement Value $640,203 Tax Amount $42,999.48 Change Rate -0.957135% Assessed CR Tax Rate +0.04794%
Year 2015 Assessed Value $1,003,133 Land Value $256,741 Improvement Value $746,392 Tax Amount $1,003,133 Change Rate +19.730017% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $1,023,398 Land Value $256,741 Improvement Value $766,657 Tax Amount $48,390.36 Change Rate Assessed CR Tax Rate +0.047284%
Year 2013 Assessed Value $1,030,297 Land Value $256,741 Improvement Value $773,556 Tax Amount Change Rate Assessed CR Tax Rate
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