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1500 Mercantile Ave; Albuquerque, NM Property Details

1500 Mercantile Ave, Albuquerque, NM is a Financial Bldg that was built in 1994. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 1500 Mercantile Ave has a total of 6,300 square feet. The lot size of 1500 Mercantile Ave is 39,901 square feet.

Off market
1500 Mercantile Ave NE Albuquerque, NM 87107
$313,874 Estimated Value
6,300 SqFt
Property Type
Financial Bldg
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1994
  • APN: 1-016-061-388-150-4-01-03
  • Situs County: Bernalillo
  • Length Of Ownership: 12 years, 6 months

Structure

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

Measurements

  • Total: 6,300/SqFt
  • Lot: 39,901/SqFt
  • Gross: 6,300/SqFt
  • Living: 6,300/SqFt
  • Building: 6,300/SqFt

Legal Description

  • Description: TR 5-B-1 PLAT FOR TRACTS 5-B-1 AND TRACT 5-B-2 RENAISSANCE C ENTER CONT 0.9161 AC M/L OR 39,905 SQ FT M/L
Building Insights

Land Information

  • Property Type: Financial Bldg
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.13492 / -106.608765
  • Subdivision: Elena Gallegos
  • Property Class: Office
  • County Use Code: COMM

Amenities

  • Plus Four: 7000

Ownership Info

1500 Mercantile Ave NE has no associated ownership info
1500 Mercantile Ave NE has no associated ownership info.

Taxes

1500 Mercantile Ave NE has 10 associated Taxes items

1500 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 $313,874. The APN we've located for 1500 Mercantile Ave is 1-016-061-388-150-4-01-03.

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Taxes
  • Assessed Value:  $313,874
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-016-061-388-150-4-01-03
  • Assessed Land Value:  80182
  • Market Land Value:  240570
  • Tax Amount:  13059.04
  • Tax Year:  2025
  • Market Value:  941715
  • Market Year:  2026

Tax History

1500 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 $313,874 Land Value $80,182 Improvement Value $233,692 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $13,059.04 Change Rate +0.216916% Assessed CR Tax Rate
Year 2024 Assessed Value $224,466 Land Value $80,182 Improvement Value $144,284 Tax Amount $10,731.26 Change Rate +0.195793% Assessed CR Tax Rate +0.047808%
Year 2023 Assessed Value $187,055 Land Value $80,182 Improvement Value $106,873 Tax Amount $8,974.18 Change Rate +0.100003% Assessed CR Tax Rate +0.047976%
Year 2022 Assessed Value $170,050 Land Value $72,893 Improvement Value $97,157 Tax Amount $8,158.32 Change Rate -0.000042% Assessed CR Tax Rate +0.047976%
Year 2021 Assessed Value $170,050 Land Value $72,893 Improvement Value $97,157 Tax Amount $8,158.66 Change Rate Assessed CR Tax Rate +0.047978%
Year 2020 Assessed Value $170,050 Land Value $72,893 Improvement Value $97,157 Tax Amount $8,158.66 Change Rate -0.000105% Assessed CR Tax Rate +0.047978%
Year 2019 Assessed Value $170,050 Land Value $72,893 Improvement Value $97,157 Tax Amount $8,159.52 Change Rate -0.000042% Assessed CR Tax Rate +0.047983%
Year 2018 Assessed Value $170,050 Land Value $72,893 Improvement Value $97,157 Tax Amount $8,159.86 Change Rate +1.001879% Assessed CR Tax Rate +0.047985%
Year 2017 Assessed Value $170,050 Land Value $72,893 Improvement Value $97,157 Tax Amount $4,076.1 Change Rate -0.5% Assessed CR Tax Rate +0.02397%
Year 2016 Assessed Value $170,050 Land Value $72,893 Improvement Value $97,157 Tax Amount $8,152.2 Change Rate -0.95206% Assessed CR Tax Rate +0.04794%
Year 2015 Assessed Value $170,050 Land Value $72,893 Improvement Value $97,157 Tax Amount $170,050 Change Rate +20.148762% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $170,050 Land Value $72,893 Improvement Value $97,157 Tax Amount $8,040.66 Change Rate Assessed CR Tax Rate +0.047284%
Year 2013 Assessed Value $170,050 Land Value $72,893 Improvement Value $97,157 Tax Amount Change Rate Assessed CR Tax Rate
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