In The Path Of Development
Sitting just outside Albuquerque, this charming one acre lot will afford its owner the opportunity to be close to all the great nightlife, concerts, events, casinos, museums and national parks that surround the metro area while still providing the type of privacy not typical of the big city. In fact, one of the great benefits of owning a lot like this is that it sits in a still underdeveloped portion of Rio Rancho. With more and more Americans migrating to the sun belt every year, the Albuquerque Metro area is only going to expand with an ever growing need for land and housing to accommodate this upwardly mobile population. Owning a lot in a still growing section of the city affords the buyer - especially at this price - the ability to purchase low then sit back and watch as values appreciate.

Things To Know:
  • This property sits roughly a mile north of Northern Boulevard along 16th Ave NW. It is within a half mile of an area that is developing rapidly, with paved roads, power line and other utilities. While there are no utilities currently at this lot, it is likely very easy and affordable to get them extended to the subject property at little cost. Another nice aspect of this property is that with development encroaching rapidly it's easy to see the value of this land going up dramatically over just the next few years.

Payment Options:

  • CASH OPTION: Using a credit or debit card, pay the cash price as indicated above along with a $150.00 Document Preparation fee and within 24 hours we will draft new documentation conveying the land from our company to you. Once you approve the paperwork, we will record it with the county and you will become the new owner of the land.

  • FINANCING OPTION: If you don’t have all the money now and would prefer to pay for the property more gradually, you may elect to use the financing option we have indicated above of $500.00 Down and $150.00/Month. It should be noted, however, that the property will not be deeded into your name until such a time as the balance has been paid in full. Between now and that time we will have a Land Contract which will be the document that demonstrates your equitable interest in the land. Click here to see a generic version of one of our standard Land Contracts. Please note: Our land contracts have only pre-payment incentives and no pre-payment penalties.

Reference NumberSNNM-0007E
LocationSandoval County, New Mexico
Lot Size0.5 Acre
Available FinancingClick Here To Read About Financing Options
Legal DescriptionRIO RANCHO ESTATES UNIT 7, BLOCK 20, LOT 10
Parcel Number1008071106360
Account NumberR108756
Latitude-Longitude35.2850168462481 -106.758275418585
Annual Taxes$10.82
ZoningRural-Residential PDF
AccessDirt Road
PowerSolar or Alternative
WaterNearby Bulk Fill Station (Link)
Elevation 6,148 ft
Conveyance DocumentSpecial Warranty Deed
Type of ClosingNotary Close
Doc Prep Fee$150.00
Nearby TownsAlbuquerque: 13 miles
Los Lunas: 28 miles
Santa Fe: 58 miles
Taos: 107 miles
Points Of InterestThings To Do In Albuquerque (Link)
 Albuquerque Balloon Fiesta (Link)
 Cottonwood Mall (Link)
 Santa Ana Star Casino (Link)
 Santa Ana Star Golf Club (Link)
 Santa Ana Star Center (Link)
 Del Norte Gun Club (Link)
 Jemez Springs Attractions (Link)
 Jemez Hot Springs (Link)
 Jemez Mountain Trail & State Monument (Link)
County Contact InfoSandoval County Assessor's Office (505) 867-7562
  Sandoval County Planning & Zoning (505) 867-7628
  City Government of Rio Rancho (505) 891-5000
  Sandoval County GIS (505) 867-7628
  New Mexico Environmental Department (505) 827-2855
  Comprehensive Zoning Ordinance (Link)
  Sandoval County Zoning Map (Link)
  New Mexico State Engineer 1-800-WATERNM
  Well Drilling Info
  Well Drilling Permit Application

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Like the property but not the price? Call us today to discuss the possibility of a Terms Sale (Down Payment + Installment Payments).

Disclaimer: While The Hemingway Land Company does extensive research on all our properties prior to listing them, there are always County-specific rules/regulations we will not be aware of. The information provided on this page is, to the best of our knowledge, correct. All prospective buyers, however, are encouraged to contact the county at the links and numbers provided in this table to confirm that whatever plans that buyer has for the property in question are in fact legal, feasible and permitted. Due diligence is the buyer’s responsibility and all sales are final.