Product Description

Wide open spaces and privacy await you in this charming and largely unsettled subdivision known as Rancho Rio Grande Estates. Located just west of Interstate 25, this property is ideal for anyone looking to live off-the-grid while still being close enough to retrieve mail, groceries and supplies from (or experience the small town charm of) nearby Belen and Los Lunas. Schools and medical resources are close by as Belen High School, Presbyterian Urgent Care and two veterinarians are all within ten minutes of this property. Also within a ten minute drive? Alexander Municipal Airport, which hosts a number of aviation businesses including a skydiving school.
Not interested in living here but rather investing? Buying land in this area is an inexpensive way into the Valencia Real Estate market. With the recent ground-breaking on the Facebook Data Center in Los Lunas and the continuing overflow of businesses looking to locate in close proximity to the Albuquerque Metro Area, home and land values in this area are only going to continue to rise. Priced at $1,850 this is currently the cheapest five acres on the market in this county. Buy it now and resell immediatelly to double your investment, or hold on to it for five years and make even more!
Things To Know:
-This property sits at the corner of Golden Oak and Hinson Roads. The area is easily accessible and has bladed roads that lead directly to the property.
-While the nearest power lines are not at the lot line they are only about a third of a mile north of the property along Hinson Road.
-This area is zoned Rural Residential 1, which means land can be subdivided but to no less than one acre in size. This gives whoever buys this property the ability to resell the other four acres for a profit.
-Mobile homes are OK in this subdivision but RVs are not allowed as permanent living quarters unless the owner is granted a building permit by the county.
-Valencia County Assessed Value on this property is $5,000 and the Valencia County Assessor’s Market Value for the land is $15,000.

Property Details

Size (Acres)5
Best AttributeClose To Power, Highway And Airport
General Location...
APN or Other ID1004022240264224500
Legal DescriptionSUBD: Rancho Rio Grande, Lot 512, Unit 2
GPS34.577414,-106.823889
Property TypeRural Land
ZoningResidential
TerrainFlat with Blue Skies
General Elevation (in feet)4984
PowerAlternative
PhoneMobile/Satellite/Alternative
WaterWould be by well or alternative system
SewerSeptic or Alternative System
RoadsDirt/Gravel
Time to BuildNo Limit
Title InfoClear Title
Annual Property Taxes (Approx)$135.44
Doc Fee$150
TermsCash Only