NOT LISTED FOR SALE

300 San Mateo Blvd NE Albuquerque, NM 87108

Fairgrounds Neighborhood

Estimated Value: $1,807,570

-- Bed
1 Bath
101,000 Sq Ft
$18/Sq Ft Est. Value

Last Sold September 26, 2023

Current estimated payment $10,274/month

85 Days on Market

Highlights

  • 3.37 Acre Lot
  • Ceramic Tile Flooring
  • No Heating
  • Zia Elementary School Rated A-

About This Home

As of September 2023

Only $5/sf! - 101,000 sf office building - approved for over 115 new apartment units.Property is up for auction - auction starts 7/24 - closes 7/26 - List price is the starting price for the auction.The property is located in East Nob-Hill and in the path of new development along a major transportation corridor. The upper floors offer unparalleled views in all directions. 80% of the building has been gutted offering wall to wall views and making redevelopment easier.Do not miss out in this amazing redevelopment opportunity and the ability to develop into a high demand market as Albuquerque is the #1 multifamily market in the country for rent growth due to all of the new Netlflix, Amazon, Facebook, and Intel jobs.Contact your buyers broker for additional information on the

Last Agent to Sell the Property

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 05/01/2023

Last Buyer's Agent

Nonmls Nonmls

Non Member of SWMLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,542

Year Built

  • Built in 1979

Lot Details

  • 3.37 Acre Lot
  • Additional Parcels

Home Design

  • Masonry

Interior Spaces

  • 1 Bathroom
  • 101,000 Sq Ft Home
  • Ceramic Tile Flooring
  • Basement

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Connected

Community Details

  • 101,000 Sq Ft Building
  • Replat In Works Subdivision
  • 5-Story Property

Listing and Financial Details

  • Assessor Parcel Number 101805703826232235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,542

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Directions: From I-40 and San Mateo - north to property.
  • Listing Contract Date: 2023-05-01
  • Year Built: 1979
  • Lot Size Acres: 3.37
  • Subdivision Name: replat in works
  • New Construction: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Stories: 5
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: Yes
  • Living Area: 101000.0
  • Stories: 10

Exterior Features

  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Masonry
  • Property Condition: Resale

Utilities

  • Cooling: None
  • Electric: None
  • Heating: None
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Lot Size Sq Ft: 146802.0
  • Additional Parcels: Yes
  • Parcel #: 101805703826232235
  • Zoning Description: MX-L*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 115

Tax Info

  • Tax Annual Amount: 4541.8

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold -- -- --
07/26/2023 07/26/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $500,000 -- $5 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,526 $94,668 $79,496 $15,172
2023 $4,542 $94,668 $79,496 $15,172
2022 $4,542 $94,668 $79,496 $15,172
2021 $5,670 $118,188 $99,223 $18,965
2020 $5,670 $118,188 $99,223 $18,965
2019 $5,671 $118,188 $99,223 $18,965
2018 $5,671 $118,188 $99,223 $18,965
2017 $5,454 $118,188 $99,223 $18,965
2016 $5,449 $113,655 $99,223 $14,432
2015 $113,655 $113,655 $99,223 $14,432
2014 $5,374 $113,655 $99,223 $14,432
2013 -- $106,956 $99,223 $7,733
Source: Public Records

Agents Affiliated with this Home

  • Todd Clarke

    Seller's Agent in 2023

    Todd Clarke

    NM Apartment Advisors, Inc.

    (505) 480-8885

    13 in this area

    224 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Nonmls Nonmls

    Non Member of SWMLS

See All Agents

Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1033561

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-018-057-038262-3-22-35

New Mexico Bernalillo County Albuquerque 87108 Fairgrounds

300 San Mateo Blvd NE, Albuquerque, NM

This home is located at 300 San Mateo Blvd NE, Albuquerque, NM 87108 since 01 May 2023 and is currently estimated at $1,807,570, approximately $17 per square foot. This property was built in 1979. 300 San Mateo Blvd NE is a home located in Bernalillo County with nearby schools including Zia Elementary School, Jefferson Middle School, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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