In The Path Of Development
Earnest Money Deposit: $1,000.00
The Rio Rancho Estates Subdivision was created and platted out in the 1950's. When this was done the developer bought up thousands of acres and subdivided most all into one acre lots, meaning that in the thousands of acres that comprise this subdivision there are very few lots larger in size than one acre. This four+ acre lot itself is in fact four adjacent one+ acre lots and it is incredibly rare to find anything even this large within the entirety of the subdivision. This means that owning this four acre lot will guarantee you 300% more land than 99.9% of the people living in Rio Rancho Estates.
This property sits just south of where Idalia intersects Southern Blvd. There are nearby homes built up in very close proximity of this lot. Additionally, this lot is located within two miles of the College of New Mexico’s West Side campus and Universe Spots Park. It is within easy driving distance of Presbyterian Rust Medical Center, Desert Greens Golf Course and a number of schools, parks, stores and churches. Furthermore, this property is within the path of development and will likely appreciate quickly within the next five to ten years as more and more homes and business build westward into the undeveloped regions of this subdivision.
An industrial facility of unknown purpose sits within a half mile of this property (see photos in gallery). There is a locked gate belonging to this facility which can be found where Idalia meets Espejo. This should not impact anyone purchasing this lot as there are many additional ways to access the subject property. If scouting the parcel, however, be prepared for most mapping software to take you to the land by way of this gate.
Power available to homes on nearby Iglesia Road, roughly 2/10 of a mile from subject property boundary.
To give our buyers a sense of pricing, a recent review of Rio Rancho listings on the MLS reveals the largest parcel for sale in this entire subdivision is a five acre lot (five adjacent one acre lots) for sale for $40,000. It is located exactly one block east of this property. Meaning even at $15,000 this is an unparalleled deal for this much land.
NOTE: Properties of this high dollar value are ones we typically purchase with title insurance. As each lot was purchased seperatly and at different times, however, we did not do this. Any buyer looking to close through a title company may do so, and per that title company we will provide a Warranty Deed for the four properties. If title insurance is not important to the buyer, however, Hemingway Land will only provide a Special Warranty Deed. After the Buyer places the $1,000 Non-Refundable Earnest Money Deposit we will contact you about how you'd like to fund the remainder of the transaction.
|Location||Sandoval County, New Mexico|
|Lot Size||4.4 Acres|
|Available Financing||Click Here To Read About Financing Options|
|Legal Description||RIO RANCHO ESTATES UNIT 9, BLOCK 36,
LOTS 53, 54, 55 & 56
|Latitude-Longitude||Center: 35.230856 -106.761451|
|NW: 35.2313717972004 -106.762319317812|
|NE: 35.2311607007055 -106.76049154097|
|SW: 35.2305934134659 -106.762574542964|
|SE: 35.2302236509164 -106.76079881751|
|Power||Solar or Alternative|
|Water||Nearby Bulk Fill Station (Link)|
|Conveyance Document||Warranty Deed|
|Type of Closing||Buyer's Choice|
|Doc Prep Fee||Waived|
|Nearby Towns||Albuquerque: 13 miles|
|Los Lunas: 28 miles|
|Santa Fe: 58 miles|
|Taos: 107 miles|
|Points Of Interest||Things 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 Info||Sandoval 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 (Link)|
|Well Drilling Permit Application (Link)|
Earnest Money Deposit: $1,000.00
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.