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Corner Live-Work Development Site
For Sale
$289,900

500 Mountain Road NE, Albuquerque, NM 87102

LAND - Albuquerque, NM

Property Size2,400 SF
Lot Size0.56 Acres
Price / SF$120.79
Days on Market455

Property Features for 500 Mountain Road NE

General Information

Property type Land
Property subtype Other
Zoning description MX-M*
Fencing Fenced
Subdivision Santa Barbara - Martinez Town
Lot features Gentle Sloping
Elementary school Longfellow
Middle school Jefferson
High school Albuquerque
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.
Standard status Active
APN 101405850424144211
Lot size 0.56 Acres

Taxes and HOA fees

Tax Annual Amount 3702

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Sally Ann Sacco · License #48937
Added: May 11, 2025 Changed: Aug 1 Last Checked: Aug 8 at 10:06PM
MLS# 1084237

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This corner live-work development site includes a vacant 2,400 SF building that was originally configured as commercial space downstairs with a residential apartment upstairs. The property is fenced and is zoned MX-M. The building has been tagged “Substandard” by the City of Albuquerque, and it would need extensive repairs to function again. The property is conveyed as-is.

The site is located at the intersection of Mountain Rd and Edith Blvd, providing access points from both Edith and Mountain Roads. Utilities are on site and/or nearby, with public water and public sewer services.

The combination of corner access, MX-M zoning, and existing on-site utilities supports a range of redevelopment approaches for this 0.56-acre lot.

Key Highlights

  • 0.56‑acre corner development site at Mountain Rd and Edith Blvd intersection
  • Vacant 2,400 SF live‑work building with commercial downstairs and apartment upstairs
  • Zoned MX‑M

Property Analytics

Current Use

Johnny Tapia Community ... Community Center Wells Park Park

Suggested Use

Top Pick Locksmith Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,746
Businesses Nearby

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Live-work space - Corner lot with MX-M zoning, a fenced live-work building, and public water and sewer services nearby.
Where is this live-work space located?
The property is located at 500 Mountain Road NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 0.56‑acre corner development site at Mountain Rd and Edith Blvd intersection; Vacant 2,400 SF live‑work building with commercial downstairs and apartment upstairs; Zoned MX‑M
More about this property
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