Commercial Investment Property South Of Albuquerque
The location of these properties is south of Albuquerque, New Mexico in Valencia County. This is a beautiful area.
These are strip mall lots approximately 40 feet wide by 272 feet deep, which is the standard 1/4 acre strip mall lot. These are laid out the same as strip malls are everywhere. They are meant to have common wide sidewalks in front of them and are the narrow deep stores with storage room or office in the back. The finished stores can be a single lot width, or they may be several lots wide. Rio Del Oro is an undeveloped subdivision, and its proximity to overcrowded Albuquerque, along the I-25 corridor, makes it an investment opportunity for serious consideration.
This area Is now poised to explode! Facebook's new $1 billion data center complex in Los Lunas opened in 2019, and has added a lot of good jobs to the area. This mega data center is expected to attract other...
This area Is now poised to explode! Facebook's new $1 billion data center complex in Los Lunas opened in 2019, and has added a lot of good jobs to the area. This mega data center is expected to attract 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.
This is a tremendous group of 5 side-by-side lots, totaling approximately 1.25 acres. They are Lots 12, 13, 14, 15, and 16 in Block 42 of Unit 40. This is the middle area of the subdivision, on platted Encinas Loop. On the other side of that street is a 74 acre tract that has been set aside for a regional center. On the other side of that tract is the Rio Del Oro Loop, the main road through the subdivision. These properties are less than 550 yards from the Rio Del Oro Loop, and Military Highway is less than a third of a mile to the east.
For more information please click on the link to our website elsewhere on this page.
Finance Price: $14,975 + $195 document fee. First payment of $294 covers the document fee and $99 goes towards the property. Finance the balance for as little as $177.93 per month over 11 years. We do not run a credit check, everyone qualifies for financing.
Cash Discount Price: $13,672 (includes document fee)
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Research Parcel InformationDirections
From the intersection of State Highway 47 and State Highway 309 go east on 309 / Manzano Expressway.
6.6 miles later turn right onto South Rio Del Oro Loop.
About 7.1 miles later at turn left from Rio Del Oro Loop onto Justo Boulevard.
0.31 mile later turn right onto Encinas Loop.
135 yards later the southwest corner of the properties will be on your left.