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505 Marquette Ave; Albuquerque, NM Property Details

505 Marquette Ave, Albuquerque, NM is a Professional Bldg 2+ Story that was built in 1966. This property is currently a cash purchase and is not for sale. Our records show that 505 Marquette Ave has a total of 249,816 square feet. The lot size of 505 Marquette Ave is 42,602 square feet.

Off market
505 Marquette Ave NW Albuquerque, NM 87102
$3,956,137 Estimated Value
249,816 SqFt
Property Type
Professional Bldg 2+ Story
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1966
  • Open Loans / Balance: 1 / $24,136,383
  • APN: 1-014-058-138-043-3-14-02
  • Situs County: Bernalillo
  • Length Of Ownership: 12 years, 5 months

Structure

  • Building Quality: B-
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 249,816/SqFt
  • Lot: 42,602/SqFt
  • Gross: 249,816/SqFt
  • Living: 420,936/SqFt
  • Building: 249,816/SqFt

Legal Description

  • Description: * 104 009ARMIJO BROS ADD L104 THRU 115
Building Insights

Land Information

  • Property Type: Professional Bldg 2+ Story
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.088684 / -106.65268
  • Subdivision: Bros Add
  • Property Class: Office
  • County Use Code: COMM

Amenities

  • Plus Four: 2158

Ownership Info

505 Marquette Ave NW has no associated ownership info
505 Marquette Ave NW has no associated ownership info.

Taxes

505 Marquette Ave NW has 10 associated Taxes items

505 Marquette 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 $3,956,137. The APN we've located for 505 Marquette Ave is 1-014-058-138-043-3-14-02.

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Taxes
  • Assessed Value:  $3,956,137
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-014-058-138-043-3-14-02
  • Assessed Land Value:  187421
  • Market Land Value:  562320
  • Tax Amount:  211503
  • Tax Year:  2025
  • Market Value:  12249600
  • Market Year:  2026

Tax History

505 Marquette Ave NW has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $4,082,791 Land Value $187,421 Improvement Value $3,895,370 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $211,503 Change Rate +0.059591% Assessed CR Tax Rate
Year 2024 Assessed Value $3,619,958 Land Value $187,421 Improvement Value $3,432,537 Tax Amount $199,608.12 Change Rate +0.196355% Assessed CR Tax Rate +0.055141%
Year 2023 Assessed Value $3,016,631 Land Value $187,421 Improvement Value $2,829,210 Tax Amount $166,846.86 Change Rate +0.120255% Assessed CR Tax Rate +0.055309%
Year 2022 Assessed Value $2,742,392 Land Value $170,383 Improvement Value $2,572,009 Tax Amount $148,936.56 Change Rate -0.000055% Assessed CR Tax Rate +0.054309%
Year 2021 Assessed Value $2,742,392 Land Value $170,383 Improvement Value $2,572,009 Tax Amount $148,944.8 Change Rate Assessed CR Tax Rate +0.054312%
Year 2020 Assessed Value $2,742,392 Land Value $170,383 Improvement Value $2,572,009 Tax Amount $148,944.8 Change Rate -0.000092% Assessed CR Tax Rate +0.054312%
Year 2019 Assessed Value $2,742,392 Land Value $170,383 Improvement Value $2,572,009 Tax Amount $148,958.5 Change Rate -0.000037% Assessed CR Tax Rate +0.054317%
Year 2018 Assessed Value $2,742,392 Land Value $170,383 Improvement Value $2,572,009 Tax Amount $148,963.98 Change Rate +0.005591% Assessed CR Tax Rate +0.054319%
Year 2017 Assessed Value $2,742,392 Land Value $170,383 Improvement Value $2,572,009 Tax Amount $148,135.78 Change Rate +0.006184% Assessed CR Tax Rate +0.054017%
Year 2016 Assessed Value $2,742,392 Land Value $170,383 Improvement Value $2,572,009 Tax Amount $147,225.3 Change Rate -0.946315% Assessed CR Tax Rate +0.053685%
Year 2015 Assessed Value $2,742,392 Land Value $170,383 Improvement Value $2,572,009 Tax Amount $2,742,392 Change Rate +18.049797% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $2,742,392 Land Value $170,383 Improvement Value $2,572,009 Tax Amount $143,959.12 Change Rate Assessed CR Tax Rate +0.052494%
Year 2013 Assessed Value $2,742,392 Land Value $170,383 Improvement Value $2,572,009 Tax Amount Change Rate Assessed CR Tax Rate
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