Belen, NM 87002(Valencia County)

The Rio Grande Estates is a very large under-developed community. It is becoming a bedroom community to the city of Albuquerque. The main area population is along the I-25 corridor and the Rio Grande River. The Rio Communities lie to the east of this corridor. 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. You will be a couple of miles from the Rio Communities Development Area where there are shopping centers, businesses, churches, schools, a senior center, and many homes. You will be a few miles from the Tierra Del Sol Country Club And Golf Course. Property is level to rolling with native grasses. There are stunning views in every direction. To the east the Manzano Mountains tower over 10,000 feet. There are several National Forest and wilderness areas within a short drive offering outdoor activities such as mountain bike riding, hiking, camping, hunting, fishing, canoeing, snow skiing, horseback riding, ATV riding, and sightseeing.

This area is poised to explode! Facebook's 980,000 square foot data center in Los Lunas has added a lot of good jobs to the area, and is expected to attract other high tech companies to the area. At the next exit north on I-25, they are in the final phases of a 1,500 home subdivision. Another developer has purchased a 6,000 acre tract nearby and is developing it. Valencia County's population has grown an 46% in the last 10 years. The city oBelen 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 $96 million project 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.

A whopping 76% of the residents of Valencia County voted to pass a referendum to build a new hospital in the county. They have announced that this hospital will be built inside the Rio Communities next to Belen. This will be another huge boost to this area!

This property offers great building sites and excellent views. This makes for a great investment or for building that dream house. There are no time restrictions on when to build, there are no requirements that you must build, and there are no association fees. There are utilities in the general area, but not yet to this property. In the meantime you can use a generator or go solar. Cell phones are normal. Water wells in the area are approximately 200 to 350 feet deep. Sewage would be by septic if and when you build. Taxes are about $20 per year per lot and are current.

Finance Price: $3,975 + $195 document fee. First payment of $294 covers the document fee and $99 goes towards the property. Finance the balance for as little as $80.46 per month over 5 years. We do not run a credit check, everyone qualifies for financing.

Cash Discount Price: $3,772.50 (includes document fee)