Home / Albuquerque / Downtown Area / Santa Barbara - Martinez Town / MLS #1084237

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500 Mountain Road NE

Albuquerque, NM 87102

$289,900

0.56 acres

05/19/2025

Listing Date

1084237

Listing #

87102

Zip Code

Bernalillo

County

About This Property

**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''.

Building And Construction

Property Type: Land

Fencing: Cross Fenced

Exterior And Lot

Lot Size Acres: 0.56

Lot Size Square Feet: 24,367 sqft

Parking Features: Parking Pad

Lot Size Dimensions: 80.01'

Provisional

MLS #: 1084237

Current Use: Commercial, Unimproved

Listing Terms: Cash

Possible Use: Commercial, Unimproved

Area And Schools

Community Features: Sidewalks

City: Albuquerque

Postal Code: 87102

MLS Area Major: Downtown Area

Subdivision: Santa Barbara - Martinez Town

County: Bernalillo

Topography: Level, Sloping

Distance To Electric Comments: At Line

Distance To Gas Comments: In Street

Distance To Phone Service Comments: In Street

Distance To Sewer Comments: In Street

Distance To Water Comments: In Street

Lot Features: Gentle Sloping

Number Of Lots: 1

Parcel Number: 101405850424144211

Elementary School: Longfellow

Middle School: Jefferson

High School: Albuquerque

Utilities

Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Water Source: Public

Sewer: Public Sewer

Location

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.

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** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

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Listing courtesy of Coldwell Banker Legacy

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550

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