Belen, NM 87002(Valencia County)

Unit 13 Block 50 Lot 9. Unit 13 is also on the western part of the Rio Del oro and is bordered on its west side by the Manzano Expressway. Lot 9 has frontage on platted Formosa Blvd and the Manzano Expressway is only just over half a mile away straight on Formosa Blvd.

Unit 24 Block 1 Lot 31. Unit 24 is in the northern section of Rio Del Oro.

Unit 26 Block 34 Lot 4. Unit 26 is in the northeastern part of Rio Del Oro.

Unit 41 Block 22 Lot 8. Unit 41 is bordered on the north by North Rio Del Oro Loop and on the south by the South Rio Del Oro Loop.

These Strip Malls are laid out the same as Strip Malls are everywhere. The Stores all have the common wide sidewalks in front of them and are the narrow deep stores with their storage room or office in the back. The finished stores can be a single width, or they may be several store widths wide. Each subdivision unit has it's own main roads and this is where the Strip Mall & Style Shopping Centers will be located. They are laid out and designed to be an integral part of the community, with the residential areas surrounding the commercial areas. Since no one knows which unit of the subdivision will build next, we believe it is best to own a single lot in several different units, instead of several lots all in one unit. These 5 Individual Lots Are Scattered In 5 Different Subdivision Units of the Rio Del Oro's. Keep in mind a Strip Mall needs to completely build all at once and not be missing any pieces. This Makes Every Single Lot A Very Important Piece To The Complete Shopping Center.

Every Corner of Every Lot in The Rio Del Oro's Was Surveyed and Pinned When They Were Subdivided and Laid Out. All of The Roads Were Also Surveyed and Named. The Title is free and clear on these lots. There are no liens or back taxes or back association fees owed on them. During the time these lots are undeveloped, the County Taxes will be the State Mandated $5 per year per lot.

The Cost of These FIVE Commercial Shopping Center Lots is Only $14,975 + $195 Document Fee. This is Less Than $3,000 Each!

Start payments now with a $294 Down Payment. This includes a one time $195 Document Fee and the other $99 goes as payment on the property. Finance the balance for up to 15 Years at $150.88 Per Month. There are no prepayment penalties of any sort, so you can always pay more or all at any time.

One of the real driving forces helping The Rio Del Oro's develop is The Valley Improvement Association. This Owners Association helps to promote the area as well as take care of the many Benefits for the Owners. They have donated many sites for Schools, Churches, Recreational Parks, Habitat For Humanity Homes, Greenways, and Bike Paths. They Maintain the roads that are used throughout these units. They work to bring in and develop the utilities. Their efforts have resulted in many recent improvements including the 1 Million Gallon Water Reservoir and the 18 Inch Main Water Line Running Along the North Loop to name a few. The Valley Improvement Association does have annual dues that are charged to each property. They vary somewhat but are approx $20 to $40 per year per lot.