$349,900
$25K PRICE DROP

Estimated payment $2,194/month

Total Views 8,492
0.48 Acre
$728,958 Price per Acre
20,909 Sq Ft Lot

About This Lot

Prime commercial lot available, half an acre, fully paved and zoned MX-M, ideal for a variety of businesses. The lot is enclosed by a sturdy iron fence with a gated entrance, ensuring security and easy access. A large pole sign with LED lighting enhances visibility and is perfect for attracting customers. Located directly across from the NM State Fairgrounds, this lot benefits from high traffic and exposure. It sits centrally between Albuquerque Uptown and KAFB, making it a strategic spot for business in a high-demand area.

Listing Agent

Anne Vallejos

Keller Williams Realty License #41997 Listed on: 11/19/2024

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,454

Lot Details

  • 0.48 Acre Lot
  • Zoning described as MX-M*

Schools

  • Mark Twain Elementary School
  • Hayes Middle School
  • Highland School

Community Details

  • Frederick A Farr Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 1,2 and 1/2 of 3 / 7
  • Assessor Parcel Number 101805847001340702

Property Details

Property Type

Land

Est. Annual Taxes

$3,454

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: South on Louisiana from I40, West on Lomas to property. Lot is on the Northeast corner of Lomas and Indiana.
  • Listing Contract Date: 2024-11-11
  • Lot Size Acres: 0.48
  • Subdivision Name: FREDERICK A FARR ADD
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Unimproved

Exterior Features

  • Lot Features: Other, See Remarks
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure

Utilities

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

Schools

  • Elementary School: Mark Twain (y)
  • High School: Highland
  • Middle Or Junior School: Hayes

Lot Info

  • Topography: Other,SeeRemarks
  • Number of Lots: 1
  • Current Use: Commercial, Unimproved
  • Lot Size Sq Ft: 20908.8
  • Parcel #: 101805847001340702
  • Zoning Description: MX-M*

Tax Info

  • Tax Annual Amount: 3453.89
  • Tax Block: 7
  • Tax Lot: 1,2 and 1/2 of 3
  • Tax Tract: N/A

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,485 $33,563 $32,963 $600
2023 $3,454 $33,563 $32,963 $600
2022 $1,610 $33,563 $32,963 $600
2021 $1,610 $33,563 $32,963 $600
2020 $1,610 $33,563 $32,963 $600
2019 $1,610 $33,563 $32,963 $600
2018 $1,611 $33,563 $32,963 $600
2017 $1,611 $33,563 $32,963 $600
2016 $1,609 $33,563 $32,963 $600
2015 $46,495 $46,495 $41,229 $5,266
2014 $1,911 $46,495 $41,229 $5,266
2013 -- $47,362 $41,229 $6,133
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $349,900 -1.4% --
06/04/2025 06/04/25 Price Changed $355,000 -5.3% --
11/19/2024 11/19/24 For Sale $375,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Contract Of Sale $350,000 None Available
Warranty Deed -- Albuquerque Title Co
Warranty Deed -- Albuquerque Title Co
Contract Of Sale -- Albuquerque Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 Commercial
Closed $0 Seller Take Back
Source: Public Records

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

MLS Number: 1074191

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-018-058-470013-4-07-02