Investment Potential South Of Albuquerque
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 $1 billion data center complex in Los Lunas open...
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. Facebook is expanding the complex with an additional five buildings, and 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 and with easier access, growth will be coming this way.
This great property, Lot 4 in Block 45 of Unit 53, is approximately 0.34 acre. This is about 36% larger than the typical lot size. It's located at the end of the platted Boeskool Place cul-de-sac, and is less than 20 yards from the De Haan Loop. Most of the Rio Del Oro, although completely platted and with roads graded in long ago, is still undeveloped which is why we can offer this property at a low price. The lot is not buildable until utilities are run through the area, at which point prices would explode.
The property is located about 0.6 mile west of the Manzano Expressway, toward the Adelino development. It's just over 100 yards from an over 112 acre area that is being held in trust and is platted for a regional center.
Look at this one closely as a potential investment.
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 $98.00 per month for 12 months. We do not run a credit check, everyone qualifies for financing.
Cash Discount Price: $1,342.00 (includes document fee)
For more information please click on the link to our website which is elsewhere on this page.
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Research Parcel InformationDirections
From the intersection of State Highway 47 and State Highway 309 at go east on 309 / Manzano Expressway.
5.5 miles later turn left onto Higman Blvd.
0.55 mile later turn left onto De Haan Loop.
0.61 mile later turn right onto Avondale Loop.
148 yards later turn right.
72 yards later turn right onto Boeskool Place.
75 yards later you will be at the property.