Product Description

Sitting just outside Albuquerque, this charming one acre lot (two adjacent half acre lots) will afford its owner the opportunity to be close to all the great nightlife, concerts, events, casinos, museums and national parks that surround the metro area while still providing the type of privacy not typical of the big city. In fact, one of the great benefits of owning a lot like this is that it sits in a still underdeveloped portion of Rio Rancho. With more and more Americans migrating to the sun belt every year, the Albuquerque Metro area is only going to expand with an ever growing need for land and housing to accommodate this upwardly mobile population. Owning a lot in a still growing section of the city affords the buyer – especially at this price – the ability to purchase low then sit back and watch as values appreciate. Priced at only $1,500 this fantastic property won’t last long!
NOTE: The property is NOT zoned for RVs but one can be used IF the owner is in the process of building a residence on the lot.

Property Details

Size (Acres)1
APN or Other IDR014426 & R014427
SKUSNNM-0001
Legal DescriptionRIO RANCHO ESTATES BLOCK: 8 LOT: 3 UNIT: 24...and...RIO RANCHO ESTATES BLOCK: 8 LOT: 4 UNIT: 24
GPS35.328527,-106.818979
Property TypeRural Land
ZoningVacant
General Elevation (in feet)6179
PowerIn the area
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)$19.76
Doc Fee$150
TermsCash Only