Taxes
- Assessed Value: $1,197,314
- Assessed Year: 2026
- Assessed County: Bernalillo
- APN: 1-016-061-424-161-4-01-20
- Assessed Land Value: 279230
- Market Land Value: 837774
- Tax Amount: 55230.92
- Tax Year: 2025
- Market Value: 3592300
- Market Year: 2026
1550 Mercantile Ave; Albuquerque, NM Property Details
Off market
1550 Mercantile Ave NE Albuquerque, NM 87107
$1,197,314 Estimated Value
51,444 SqFt
Property Type
Retail StoresProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1991
- Purchase Price: $625,000
- Inv. Liens / Amount: 1 / $76,958
- APN: 1-016-061-424-161-4-01-20
- Situs County: Bernalillo
- Length Of Ownership: 25 years, 8 months
Structure
- Building Quality: C
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 51,444/SqFt
- Lot: 139,436/SqFt
- Gross: 51,444/SqFt
- Living: 51,444/SqFt
- Building: 51,444/SqFt
- Price Per Square Foot: $12.15
Legal Description
- Description: TR 5-A (EXCL SE'LY PORT OUT TO R/W) PLAT OF TRACTS 5-A & 5-B RENAISSANCE CENTER (BEING A REPLAT OF TR 5) CONT 3.2008 AC
Building Insights
Land Information
- Property Type: Retail Stores
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Albuquerque Public Schools
- Lat / Lon: 35.135155 / -106.60756
- Subdivision: Renaissance Center
- Property Class: Commercial
- County Use Code: COMM
Amenities
- Plus Four: 7000
Ownership Info
1550 Mercantile Ave NE has no associated ownership info
1550 Mercantile Ave NE has no associated ownership info.
Taxes
1550 Mercantile Ave NE has 10 associated Taxes items
1550 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 $1,197,314. The APN we've located for 1550 Mercantile Ave is 1-016-061-424-161-4-01-20.
Unlock the full reportTax History
1550 Mercantile Ave NE has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $1,197,314 | Land Value $279,230 | Improvement Value $918,084 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $55,230.92 | Change Rate +0.34812% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $856,945 | Land Value $279,230 | Improvement Value $577,715 | Tax Amount $40,968.84 | Change Rate -0.003502% | Assessed CR | Tax Rate +0.047808% |
| Year 2023 | Assessed Value $856,945 | Land Value $279,230 | Improvement Value $577,715 | Tax Amount $41,112.82 | Change Rate +0.090001% | Assessed CR | Tax Rate +0.047976% |
| Year 2022 | Assessed Value $786,188 | Land Value $256,174 | Improvement Value $530,014 | Tax Amount $37,718.16 | Change Rate -0.000041% | Assessed CR | Tax Rate +0.047976% |
| Year 2021 | Assessed Value $786,188 | Land Value $256,174 | Improvement Value $530,014 | Tax Amount $37,719.72 | Change Rate | Assessed CR | Tax Rate +0.047978% |
| Year 2020 | Assessed Value $786,188 | Land Value $256,174 | Improvement Value $530,014 | Tax Amount $37,719.72 | Change Rate -0.000104% | Assessed CR | Tax Rate +0.047978% |
| Year 2019 | Assessed Value $786,188 | Land Value $256,174 | Improvement Value $530,014 | Tax Amount $37,723.66 | Change Rate -0.002072% | Assessed CR | Tax Rate +0.047983% |
| Year 2018 | Assessed Value $786,188 | Land Value $256,174 | Improvement Value $530,014 | Tax Amount $37,801.99 | Change Rate -0.001089% | Assessed CR | Tax Rate +0.048083% |
| Year 2017 | Assessed Value $841,249 | Land Value $256,174 | Improvement Value $585,075 | Tax Amount $37,843.22 | Change Rate | Assessed CR | Tax Rate +0.044985% |
| Year 2016 | Assessed Value $789,387 | Land Value $256,174 | Improvement Value $533,213 | Tax Amount $37,843.22 | Change Rate -0.95206% | Assessed CR | Tax Rate +0.04794% |
| Year 2015 | Assessed Value $789,387 | Land Value $256,174 | Improvement Value $533,213 | Tax Amount $789,387 | Change Rate +20.1488% | Assessed CR | Tax Rate +1% |
| Year 2014 | Assessed Value $789,387 | Land Value $256,174 | Improvement Value $533,213 | Tax Amount $37,325.38 | Change Rate | Assessed CR | Tax Rate +0.047284% |
| Year 2013 | Assessed Value $789,387 | Land Value $256,174 | Improvement Value $533,213 | Tax Amount | Change Rate | Assessed CR | Tax Rate |