Belen, NM 87002(Valencia County)

1 acre lot in the Rio Grande Estates Subdivision in New Mexico for just $4,852.00 or pay only $129.00 per month. In Rio Grande Estates Subdivision! Unit S, Block 1220, Lot 32 & 33. NO TIME LIMIT TO BUILD and NO HOA fees! Great opportunity to own a great piece of land! Build your dream home, or a cabin get away, ranch, or purchase as an investment and pass on to your kids. The planned hospital will be in Unit 64 in the Rio Del Oro subdivision. High school, Middle school, Elementary school, golf course, parks are already built in the Rio Communities (Rio Del Oro, Rio Grande Estates and Canyon Del Rio) This 1 acre lot is located 30 miles from Albuquerque, NM and 70 from Sante Fe. It's a very desired lot. Get in on the ground floor! As the homes come closer to this unit the prices will continue to grow! The hospital in Rio Del Oro has been approved and plans are that it should be open in the near future!!! Land values will increase after that opens. The train from Albuquerque to Belen is already up and running! This is an up and coming area where land values will only increase!!! Invest today! Land sales are booming, investors are scooping up land for the next Real Estate boom while they can buy low! This lot provides an excellent short to long-term investment in an area that has all of the conveniences of an urban development but located in a private and rural like setting. The open countryside, with its native grasses, wildflowers and the nearby Manzano Mountains towering over 10,000 feet, provide a picturesque backdrop to the property. Located in the Cibola National Forest, the Manzano Mountain Wilderness covers nearly 37,000 acres, encompasses most of the mountain with incredible hiking, cross country skiing and an abundance of wildlife. A short distance from the subdivision, youll find a golf course and just off the interstate is the entrance to the Senator Willie M. Chavez State Park. Nearby conveniences include a Wal-Mart (and a Wal-Mart distribution Center), Senior Center, shopping centers, churches, hospital, library, gas stations, grocery stores the Tierra Del Sol Country Club and Golf Course, the University of New Mexico Valencia Campus, and the Resort and Casino in Isleta located about 25 miles from the property. Homes sell for approximately $115,000 in these areas. With an elevation of 5,060 feet, the climate couldnt be better. The winters and summers are mild with summer temperatures in the 70s and 80s and mild winter highs in the 40s and 50s. Clear skies and lots of sunshine make this an attractive investment property. There are about 350 sunny days annually which lends itself well for future development. Rio Grande is a very large under-developed community. The main population of the area is along the I-25 corridor and the Rio Grande River. The Rio Communities lie to the east of this main 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. This area is rapidly growing in value and popularity. Rio Grande Estates lots in the same area have listed or sold $5,000 - $25,000 or more. (We have sold many lots in this area and we have many repeat buyers so we know if we offer land inexpensive you will be back and pass it onto your friends. This is a great Investment Opportunity!

Property Profile:

PURCHASE PRICE: $4,852.00

5% Down: $243.00 (NO CREDIT CHECKS)

SIZE: 1 Acre

LEGAL DESCRIPTION: Unit S, Block 1220, Lot 32 & 33- Rio Grande Estates

ID# R047461 & R047460

UPC#1018030210152101330

UPC#1018030210152101320

TIME LIMIT TO BUILD: None

GPS: 34.683743,-106.583388

STATE: New Mexico.

COUNTY: Valencia County.

GENERAL LOCATION: 30 miles south east of Albuquerque.

GENERAL ELEVATION: 5,300 feet.

ZONING: Residential.

POWER: In the subdivision but not to the lot line.

WATER: In the subdivision but not to the lot line.

ROADS: Well maintained dirt roads in the subdivision around the loop. Roads are not currently maintained to the lot lines.

PROPERTY TAX: About $20.00/year. Taxes are current with no liens.

TIME LIMIT TO BUILD: None

ASSOCIATION DUES: NONE

TYPE OF TERRAIN: Flat to rolling with beautiful views.

COUNTY: Valencia

Please do your own due diligence as you should do with any land purchase. This land is sold as is and all information provided is at the best of our knowledge.

ALL PROSPECTIVE BUYERS ARE URGED TO RESEARCH THIS INFORMATION TO THEIR OWN SATISFACTION PRIOR TO BUYING THIS PROPERTY

We have not seen this property. The price will include a $175 closing cost fee but no other fees will apply. We Checks, Money Orders, Bank Deposit, Credit Cards and Zelle.