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Investment Land 40m SW Albequerque TWO.5 Acre Lots NR!
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Canyon Del Rio Estates. Low buy it now price...
2 Parcels of land each .5 Acre in the Canyon Del Rio section of the Rio Communities. These two properties are side by side and total 1 acre and is located near Belen New Mexico 40 Miles SW of Albequerque.
Unit 11 Block 15 Lot 29
Unit 11 Block 15 Lot 30
Two adjoining lots sold for $13,000 recently in this area of Canyon Del Rio estates. You can check current prices on the internet. Average price per lot $3,000 to $5,000 and many of these are only 1/4 acre in size. There are no liens on the properties and taxes are current.
These two properties are side by side and have a street in front and in back of the lots. I will post the plat maps.
This area is rapidly expanding and this is a great opportunity for an investment in land in which land is not created any more. There is only so much land before it's gone. You really can't go wrong with this purchase. See below for further information. If you have any quesitons, please email and I can send you more information. Thanks
Item Specifics - Land
Area Acreage (acres):
1.0
Zoning:
Residential
Property Address:
Canyon Del Rio
Type:
Investment Property
City:
Belen
Zip/Postal Code:
87002
State/Province:
New Mexico
1.0 acre Investment Property 25 Miles to Albuquerque,NM
2 Parcels of Land Each .50 acre in size
Adjoining properties side by side
The lots are adjacent and this is a great way to purchase groups of property. To determine adjacent properties, look at the Unit, Block and Lot number in the listing. The photograph below gives you an idea of what the area looks like.
The subdivision of Rio Del Oro (RDO) provides a great opportunity to own investment property just 25 miles south of Albuquerque, in scenic central New Mexico. Already a suburb of Albuquerque, this subdivision has explosive growth and development potential.
A few years ago developers purchased over 600 acres in what was then units 46, 55 & 57 of RDO, consolidated and re-plated the lots and successfully completed two subdivisions; Las Maravillas and Pasitos del Cielo. proving market demand. Homes ell for approximately $115,000 in these areas.
We believe this lot provides an excellent short to long-term investment in an area that has all of the conveniences of an urban development but located in a private and rural like setting.
The open countryside, with its native grasses, wildflowers and the nearby Manzano Mountains towering over 10,000 feet, provide a picturesque backdrop to the property. Located in the Cibola National Forest, the Manzano Mountain Wilderness covers nearly 37,000 acres, encompasses most of the mountain with incredible hiking, cross country skiing and an abundance of wildlife.
A short distance from the subdivision, you’ll find a golf course and just off the interstate is the entrance to the Senator Willie M. Chavez State Park. Nearby conveniences include a Wal-Mart (and a Wal-Mart distribution Center), Senior Center, shopping centers, churches, hospital, library, gas stations, grocery stores the Tierra Del Sol Country Club and Golf Course, the University of New Mexico Valencia Campus, and the Resort and Casino in Isleta located about 25 miles from the property.
With an elevation of 5,060 feet, the climate couldn’t be better. The winters and summers are mild with summer temperatures in the 70’s and 80’s and mild winter highs in the 40’s and 50’s. Clear skies and lots of sunshine make this an attractive investment property. There are about 350 sunny days annually which lends itself well for future development.
Canyon Del Rio is a very large under-developed community. The main population of the area is along the I-25 corridor and the Rio Grande River. The Rio Communities lie to the east of this main corridor (see maps below). There are scattered subdivisions throughout this area and there are other areas of no development. There are many nice homes in the already developed areas.
This area is rapidly growing in value and popularity. Valencia County's population has grown an unbelievable 46% in the last 10 years alone, with many new homes in the area. The City of Belen has a population of 6,900 and the "Rio Communities" have another 5,800.
YOU ARE BIDDING ON THE FULL PRICE OF THIS PROPERTY (NOT PAYMENTS). The total and complete cost of this property is the $200.00 doc/prep fee (see details below) plus the winning bid amount. Payment must be made within 3 days of the auction close date.
We accept PayPal, all major credit cards, cashiers checks and money orders. A Special Warranty Deed will be sent to you for verification, along with full deed recording instructions.
SIZE: 1.0 Acre total. Each Lot is .50 Acre in size.
LEGAL DESCRIPTION: Unit 11, Block 15, Lot 29 and 30 Canyon Del Rio Subdivision
CANYON DEL RIO ESTATES. Ranchette property in the desirable Unit 11, Block 15 area ----> Lots 29 and 30. These lots are next to each other and total 1 Acre if purchased together. I own the property and selling them separately or together, which ever you prefer. There are no liens associated with the properties. Taxes have been paid. Zoned Residential. There are not many 1 Acre lots in this desirable area, many of these lots are being sold as 1/4 Acre lots now. This or (these) lots provides an excellent short to long-term investment in an area that has all of the conveniences of an urban development but located in a private and rural like setting. The subdivision contains power and phone(although these services may not yet be extended to your specific lot). The open countryside, with its native grasses, wildflowers and the nearby Manzano Mountains, towering over 10,000 feet, provide a picturesque backdrop to the property. Located in the Cibola National Forest, the Manzano Mountain Wilderness covers nearly 37,000 acres, encompasses most of the mountain with incredible hiking, cross country skiing and an abundance of wildlife. Check out the other Rio Communities and see what they sell for. I have been to the lots and the scenery is absolutely gorgeous. Perfect weather at an average elevation of 5,300 feet. These lots have a walkway in the back and the street access is in the front. SIZE: 0.50 Acres Each LEGAL DESCRIPTION: Unit 11, Block 15, Lot 29 CANYON DEL RIO ESTATES Unit 11, Block 15, Lot 30 CANYON DEL RIO ESTATES STATE: New Mexico. COUNTY: Valencia County. GENERAL LOCATION: 30 miles south/east of Albuquerque. DRIVING DIRECTIONS: From Albuquerque travel south on Interstate 25 to exit 195 (Belen). Travel west on the service loop to State Road 47 and continue to travel west to S Navajo Road. Turn left or west on S. Navajo Road and travel ¾ miles until the road ends. You are in the subdivision. GENERAL INFORMATION: Gorgeous Ranch/Horse/Home/Investment property with rolling mountain and prairie views. TITLE INFORMATION: There are no liens associated with this property. CONVEYANCE DOCUMENT: Special Warranty Deed GENERAL ELEVATION: 5,300 feet. ZONING: Residential. POWER: In the subdivision. PHONE: In the subdivision. Most cell phone signals are strong. WATER: By well: must drill your own. We have been told that high quality water is about 100 - 300 feet below surface. SEWER: Septic which must be installed when building. ROADS: Well maintained dirt roads (in most areas). PROPERTY TAX: About $12.00/year. Taxes are and will be current at the time of recording. COUNTY RECORDING FEE: $9 paid by purchaser directly to the county. TIME LIMIT TO BUILD: N/A ASSOCIATION DUES: About $11.81 per year. Valley Improvement Association a wonderful group of people who believe in this development with outstanding values. Trails and walkways throughout the community. TYPE OF TERRAIN: Flat to rolling with beautiful views.
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