Near Belen
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 billion dollar data center complex in Los Lunas ...
Facebook's new billion dollar 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 attracting 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.
These properties are Unit 12, Block 55, Lots 11, 12, 13, and 14 in the Rio Del Oro subdivision. These four great adjacent lots are approximately 0.25 acre each, or you can combine them to have one large approximately 1 acre property. Lot 14 is at the corner of platted Alcazar Loop and Legion Street, with the other lots having frontage along Legion Street. On the other side of Legion Street is acreage set aside for a school, community center, or park. The Manzano Expressway is only about half a mile away.
Look at these closely as a potential investment, or even as a camping site for yourself with those legendary Manzano Mountains views. There are no utilities run to this part of the subdivision yet, but this is an area that you might want to consider for future potential.
Taxes are less than $20 per year per lot, and there are annual fees to the Valley Improvement Association that are currently just over $30 per lot.
Finance Price: $5,975 + $195 document fee. The initial payment is $294 ($99 down payment + $195 document fee). Finance the balance for as little as $105.92 per month over six years. We do not run a credit check, everyone qualifies for financing.
Cash Discount Price: $5,572.50 (includes document fee)
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