Opportunity In New Mexico
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 Rio Del Oro subdivision is an under-developed community. It is just east of the town of Belen, which is rapidly becoming a bedroom community to the city of Albuquerque. The main population of the area is along the I-25 corridor. The Rio Communities lie along the east side of this corridor.
This area Is now poised to explode! Facebook's new multi-billion dollar data center complex in Los Lunas opened in 2019. Four buildings are already complete, two more are under construction, and $40 billion in construction bonds have been issued so that another six buildings can be added.
A new Interchange off of I-25 is in the works. This project in conjunction with a new east-west corrido...
A new Interchange off of I-25 is in the works. This project in conjunction with a new east-west corridor (Morris Road Alignment) 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 new Senior Economic Developer for Los Lunas has stated that one of her priorities is to work in partnership with Belen, the Rio Communities, and Socorro to create a regional economic ecosystem. 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 Rio Del Oro, Unit 18 Block 42 Lots 23 and 24.
Lots 23 and 24 are adjoining properties on platted Quigley Avenue. Lot 23 is approximately 0.26 acre, and Lot 24 is approximately 0.33 acre.
They are about 0.4 mile south of the El Cerro development, and about 0.5 mile north of Valencia High School. Rio Del Oro Loop, the main road through the subdivision, is 106 yards away. Bonita Vista Boulevard is 257 yards away. Power is now about 282 yards away, at the intersection of those two roads at the corner of a solar array. The Manzano Expressway is about a 1.5 mile drive away.
This area Is now poised to explode! Facebook's new multi-billion dollar data center complex in Los Lunas opened in 2019. Four buildings are already complete, two more are under construction, and $40 billion in construction bonds have been issued so that another six buildings can be added. In February YourCheapLand prepared a summary of recent local business activity. You can read about it on our website.
This will be a nice spot for you to occasionally camp or RV while holding the property for investment. You will enjoy those great Manzano Mountains views. This can be your base camp for adventures in the mountains and Cibola National Forest. Catch the Roadrunner Passenger Rail System from Belen or Los Lunas for fantastic day trips to Santa Fe and Albuquerque.
Utilities have not been run into this area yet.
Everyone qualifies for the same financing. We do not run credit checks.
With an initial payment of $294 ($99 down payment + $195 document fee) we will finance the balance for as little as $105.92 per month over 6 years. Or you can buy these properties outright instead of financing, and receive a 10% cash discount.
For more information or to purchase, please click on the Property Website link below, which is under Resources.
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Research Parcel InformationDirections
From the intersection of State Highway 314 and State Highway 6:
Head East on State Highway 6 for 1.6 miles.
Turn right onto El Cerro Road / El Cerro Loop.
0.4 mile later slight left onto NM-263 E / El Cerro Loop / Vigil Road.
3.3 miles later turn left onto El Cerro Mission Blvd.
0.8 mile later turn right onto Van Camp Blvd.
0.6 mile later turn right onto the Manzano Expressway.
1.7 miles later turn left onto Rio Del Oro Loop North / Rio Del Oro Loop.
1.4 miles later cross Bonita Vista Boulevard and continue straight on Rio Del Oro Loop.
0.4 mile later at 34.744447 -106.645029 turn left onto Evergreen Loop.
0.32 mile later at 34.745991 -106.649589 turn left onto Quigley Avenue.
93 yards later you will be at the properties.
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