Close To Highway,

Rio Metro And Airport
 
Price: $5,000.00
Wide open spaces and privacy await you in this charming and largely unsettled subdivision known as Rancho Rio Grande Estates. Located just west of Interstate 25, this ten acre property (two adjacent five acre lots) is ideal for anyone looking to live in a private, small community while still being close enough to retrieve mail, groceries and supplies from (or experience the small town charm of) nearby Belen and Los Lunas. Schools and medical resources are close by as Belen High School, Presbyterian Urgent Care and two veterinarians are all within ten minutes of this property.

Not interested in living here but rather investing? Buying land in this area is an inexpensive way into the Valencia Real Estate market. With the recent ground-breaking on the Facebook Data Center in Los Lunas and the continuing overflow of businesses looking to locate in close proximity to the Albuquerque Metro Area, home and land values in this region are only going to continue to rise. Priced at $5,000 this is currently the cheapest ten acres on the market in this county. Buy it now and resell immediately to double your investment, or hold on to it for five years and make even more!

Things To Know:
  • This property sits between Twining and Charin Lanes, both of which are well maintained dirt/gravel roads.

  • The nearest power lines can be found on Hinson Road, which runs parallel this property to the east. While there is power in this subdivision, no lines have yet been extended on either road leading to this parcel. Once they are, however, the value of this land will only increase.

  • This area is zoned Rural Residential 1, which means land can be subdivided but to no less than one acre in size. This gives whoever buys this property the ability to live on one acre while reselling the other nine acres for a profit.

  • Mobile homes are OK in this subdivision but RVs are not allowed as permanent living quarters unless the owner is granted a building permit by the county, which itself is only temporary until the applicant completes construction of their permanent house.

  • This property offers excellent privacy while still placing you only a few miles from the more developed region in the I-25 corridor. Here you'll have easy access to groceries, supplies, churches, hospitals and schools. Locally there's a Wal-Mart in Belen, UNM's Valencia campus, the Isleta Casino and Resort and Tierra Del Sol Country Club and Golf Course. Additionally, the Rio Metro recently expanded it's rail line from Santa Fe to Belen with stops in Los Lunas and Albuquerque, making it even easier to live here and commute to work in those northern cities.

  • This property sits in close proximity to the Alexander Municipal Airport, a small private airport that offers flying and sky diving courses.

  • The Valencia County Assessessor places the market value of these 10 acres at $10,000.

 
 
Reference NumberVLNM-2081BB
LocationValencia County, New Mexico
Lot Size10 Acres
Available FinancingClick Here To Read About Financing Options
Legal Description RANCHO RIO GRANDE, UNIT 2, LOTS 628 & 629
Parcel Number1003022430264236280
1003022430264236290
Account NumberR083854
R083855
Latitude-LongitudeCenter: 34.567031 -106.839194
NW: 34.5679512061699 -106.84033533331797
NE: 34.5679435958702 -106.838142654335
SW: 34.5661376625701 -106.840335612498
SE: 34.5661300514934 -106.83814304295402
Annual Taxes$91.12
HOA/POA None
ZoningRural Residential 1 PDF
AccessWell Maintained Dirt/Gravel Roads
PowerBy Generator, Solar or Alternative; No Power Lines At Property
PhoneMobile or Satellite
WaterBy Well, Catchment System or Holding Tank
SewerSeptic/Alternative
Elevation 4,984 ft
Conveyance Document Special Warranty Deed
Type of ClosingNotary Close
Doc Prep Fee$150.00
Nearby TownsBelen: 5 miles
Los Lunas: 13 miles
Albuquerque: 33 miles
Points Of InterestRio Metro Rail Line (Link)
  Isleta Casino & Resort (Link)
 Tierra Del Sol Golf Course & Country Club (Link)
 Abo Canyon (Link)
 Bosque Del Apache National Wildlife Refuge (Link)
 Manzano Mountains State Park (Link)
 Rio Salado River (Link)
 Salinas Pueblo Missions National Monument (Link)
County Contact InfoValencia County Assessor's Office (505) 866-2065
  Valencia County Planning & Zoning (505) 866-2050
  Valencia County Comprehensive Land Use Plan (PDF)
 
 
 
Price: $5,000.00

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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.