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 ten acre property (2 five acre parcels) is ideal for anyone looking to live in a private, small community 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.
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 $6,000 this is currently the cheapest ten acres on the market in this county. Buy it now and resell immediately to double your investment, or hold on to it for five years and make even more!
Things To Know:
This property sits on Muchacha Road between El Paseo and Pogo Road, all of which are well maintained dirt/gravel roads.
The nearest power lines can be found at the corner of Muchacha and Pogo Roads.
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 live on one acre and resell the other nine 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, which itself is only temporary until the applicant completes construction of their permanent house.
This lot sits in close proximity to the Alexander Municipal Airport which hosts small aviation businesses such as a sky diving school. In talks with local neighbors, it seems the airport is surprisingly quiet, with rare exceptions being when the military uses it on for occasional weekend exercises.
|Best Attribute||Close To Power, Highway And Airport|
|APN or Other ID||R071668 & R071669|
|Legal Description||RANCHO RIO GRANDE LOTS 279 & 282 UNIT 1|
|Property Type||Rural Land|
|Terrain||Flat With Blue Skies|
|General Elevation (in feet)||4984|
|Phone||In the area|
|Water||Would be by well or alternative system|
|Sewer||Septic or Alternative System|
|Time to Build||No Limit|
|Title Info||Clear Title|
|Annual Property Taxes (Approx)||$364.4|