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Investor Special

Los Lunas, NM 87031

Valencia County, New Mexico

0.25 Acre
$1,275 USD
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Investor Special : Los Lunas : Valencia County : New Mexico

Land Description

Here's another tremendous property that we expect to be snapped up by an investor very quickly.

The Rio Del Oro subdivision is one of the Rio Communities. The Communities are conveniently located only a short distance from the city of Belen, the county seat of Los Lunas, Interstate 25, and Albuquerque. The beautiful Tierra Del Sol Country Club and Golf Course is close to Belen where you can enjoy a round of golf on a great course. You also will be close to the beautiful Rio Grande River. The University of New Mexico, Valencia Campus is only a few miles away and it is one of the fastest growing schools in the state.

The main population of the area is along the I-25 corridor. The Rio Communities lie to the east and extend for several miles. They vary from the most built up properties closest to Belen to the most remote properties in the eastern section, which is closest to the beautiful and huge Manzano Mountains.

Facebook's new billion dollar data center complex in Los Lunas opened in 2019, and has added a lot of good jobs to the area. Facebook is expanding the complex with an additional five buildings, and this mega data center is attracting other high tech companies to the area as well. At the very next exit to the north on I-25, they are in the final phases of a large 1,500 home subdivision. Another developer has purchased a 6,000 acre tract near the same exit and is developing it. Valencia County's population has grown an unbelievable 46% in the last 10 years alone. The city of Belen already has a population of 6,900 and the "Rio Communities" have another 5,800. This area is rapidly growing in value and popularity. A new Interchange off of I-25 is in the works. This project in conjunction with a new east-west corridor will connect I-25 to State Highway 314, across the Rio Grande River and then on to State Highway 47 where these Rio Communities are located. The bypass will make the Rio Communities more accessible and create more traffic through the area. The Rio Communities are currently the last large vacant tract of land in the area and with easier access, growth will be coming this way.

This property is Unit 13, Block 56, Lot 10 in the Rio Del Oro subdivision. If you are one of the many people becoming excited at the activity in the Los Lunas and Belen area lately, you might want to grab up this property as an investment stocking stuffer.

This approximately 0.25 acre property is less than 100 yards from the Manzano Expressway, and the power lines are on the same side of the highway as this property. Lot 10 is located on a platted cul-de-sac

Look at this closely as a potential investment. For now you can even use it as a camping or RV site while visiting the area to enjoy those legendary Manzano Mountains views.

Finance Price: $1,275 + $195 document fee. First payment of $294 covers the document fee and $99 of it goes towards the property. Finance the balance for as little as $53.73 per month over two years. We do not run a credit check, everyone qualifies for financing.

Cash Discount Price For Immediate Purchase: $1,342 (includes document fee)

For more information please click on the link to our website which is elsewhere on this page.

Land Maps & Attachments

More Land Details

Owner Will Finance
Residential Zoning
Flat Terrain
Deeded Easement Access
Estimated Annual Taxes
$5
LANDFLIP ID
273088
MLS / Internal / Other ID
824
Assessor Parcel Number (APN)
R119877
Posted on LANDFLIP
123 Days Ago
Last Updated
5 Days Ago
Views
140
Saves
2
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