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508 1st St; Albuquerque, NM Property Details

508 1st St, Albuquerque, NM is a Warehouse that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 508 1st St has a total of 18,891 square feet. The lot size of 508 1st St is 19,994 square feet.

Off market
508 1st St NW Albuquerque, NM 87102
$422,298 Estimated Value
18,891 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1930
  • Purchase Price: $500,000
  • Inv. Liens / Amount: 1 / $1,059
  • APN: 1-014-058-312-025-4-03-02
  • Situs County: Bernalillo
  • Length Of Ownership: 20 years, 1 months

Structure

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

Measurements

  • Total: 18,891/SqFt
  • Lot: 19,994/SqFt
  • Gross: 18,891/SqFt
  • Living: 18,891/SqFt
  • Building: 18,891/SqFt
  • Price Per Square Foot: $26.47

Legal Description

  • Description: *00050015F ARMIJO & OTERO ADD L 5 THRU 8 & RAILROAD FRONTAGE EAST OF LOTS 5 THRU 8
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.088158 / -106.646835
  • Subdivision: Armijo & Otero Add
  • Property Class: Industrial
  • County Use Code: COMM

Amenities

  • Plus Four: 2304

Ownership Info

508 1st St NW has no associated ownership info
508 1st St NW has no associated ownership info.

Taxes

508 1st St NW has 8 associated Taxes items

508 1st St, 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 $422,298. The APN we've located for 508 1st St is 1-014-058-312-025-4-03-02.

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Taxes
  • Assessed Value:  $422,298
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-014-058-312-025-4-03-02
  • Assessed Land Value:  64194
  • Market Land Value:  192600
  • Market Value:  5267019
  • Market Year:  2026

Tax History

508 1st St NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,755,498 Land Value $64,194 Improvement Value $1,691,304 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $422,298 Land Value $64,194 Improvement Value $358,104 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $202,282 Land Value $64,194 Improvement Value $138,088 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $202,282 Land Value $64,194 Improvement Value $138,088 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $189,048 Land Value $59,994 Improvement Value $129,054 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $189,048 Land Value $59,994 Improvement Value $129,054 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $189,048 Land Value $59,994 Improvement Value $129,054 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $240,409 Land Value $59,994 Improvement Value $180,415 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $240,409 Land Value $59,994 Improvement Value $180,415 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $240,409 Land Value $59,994 Improvement Value $180,415 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $240,409 Land Value $59,994 Improvement Value $180,415 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $277,905 Land Value $97,490 Improvement Value $180,415 Tax Amount $277,905 Change Rate Assessed CR Tax Rate +1%
Year 2014 Assessed Value $277,939 Land Value $97,490 Improvement Value $180,449 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $276,905 Land Value $97,490 Improvement Value $179,415 Tax Amount Change Rate Assessed CR Tax Rate