$289,900
$10K PRICE DROP

500 Mountain Rd NE Albuquerque, NM 87102

Estimated payment $1,813/month

Total Views 15,402
0.56 Acre
$517,679 Price per Acre
24,394 Sq Ft Lot

Highlights

  • Cross Fenced
  • Monte Vista Elementary School Rated A-
  • Gentle Sloping Lot

About This Lot

**REDUCED PRICE** Attention investors, this is a great corner location for your development. Located at the intersection of Mountain Rd and Edith Blvd, for high visibility. This property is zoned MX-M, see docs for the many uses. The vacant 2,400 s.f. building was originally used as a commercial space downstairs with a residential apartment upstairs (live/work). Since it's glory days the building has been tagged ''Substandard'' by the COA, so would need extensive repairs to function again. Best to have it demolished and start fresh on a nice piece of land, that is near downtown, the Interstate as well as many businesses and residential properties. Access points from both Edith and Mountain Roads, utilities are on site and/or nearby. Building conveys ''as-is''.

Listing Agent

Sally Sacco

Coldwell Banker Legacy License #48937 Listed on: 05/19/2025

Coldwell Banker Legacy

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,702

Lot Details

  • 0.56 Acre Lot
  • Cross Fenced
  • Gentle Sloping Lot
  • Zoning described as MX-M*

Parking

  • Parking Pad

Schools

  • Longfellow Elementary School
  • Jefferson Middle School
  • Albuquerque High School

Community Details

  • Santa Barbara Martinez Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101405850424144211

Property Details

Property Type

Land

Est. Annual Taxes

$3,702

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Go south on I-25 and take the exit for Lomas Blvd. Turn West (Right) on Mountain Road. Property is located on SW corner of Mountain and Edith Roads.
  • Lot Size Acres: 0.56
  • Lot Size: 80.01'
  • Subdivision Name: Santa Barbara - Martinez Town
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Unimproved

Exterior Features

  • Fencing: Cross Fenced
  • Lot Features: Gentle Sloping
  • Disclosures: RANM 2100 Disclosure

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: Longfellow
  • High School: Albuquerque
  • Middle Or Junior School: Jefferson

Lot Info

  • Topography: Level,Sloping
  • Number of Lots: 1
  • Current Use: Commercial, Unimproved
  • Lot Size Sq Ft: 24367.0
  • Parcel #: 101405850424144211
  • Zoning Description: MX-M*

Tax Info

  • Tax Annual Amount: 3701.6
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: N/A

Map

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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
2025 $3,628 $78,659 $23,698 $54,961
2024 $3,702 $77,426 $23,698 $53,728
2023 $3,484 $72,626 $23,698 $48,928
2022 $1,676 $34,930 $15,365 $19,565
2021 $1,676 $34,930 $15,365 $19,565
2020 $1,676 $34,930 $15,365 $19,565
2019 $1,649 $34,930 $15,365 $19,565
2018 $1,676 $34,930 $15,365 $19,565
2017 $1,676 $34,930 $15,365 $19,565
2016 $1,675 $34,930 $15,365 $19,565
2015 $34,930 $34,930 $15,365 $19,565
2014 $1,652 $34,930 $15,365 $19,565
2013 -- $34,030 $15,365 $18,665
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 Price Changed $289,900 -3.3% --
05/19/2025 05/19/25 For Sale $299,900 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

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

MLS Number: 1084237

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-058-504241-4-42-11