Close To Power, Airport And Highway
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The Hemingway Land Company
The Hemingway Land Company
Available

Close To Power, Airport And Highway

$2,500 5 Acres
Property ID 6418643

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 five acre property 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 region are only going to continue to rise. Priced at $2,5000 this is currently the cheapest five 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:

The nearest power lines can be found on Marble Quarry Road which sits immediatly north of this property.

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 while reselling 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, which itself is only temporary until the applicant completes construction of their permanent house.

This property offers excellent privacy while still placing you only a few miles from the more developed region in the I-25 corridor. Here you'll have easy access to groceries, supplies, churches, hospitals and schools. Locally there's a Wal-Mart in Belen, UNM's Valencia campus, the Isleta Casino and Resort and Tierra Del Sol Country Club and Golf Course. Additionally, the Rio Metro recently expanded it's rail line from Santa Fe to Belen with stops in Los Lunas and Albuquerque, making it even easier to live here and commute to work in those northern cities.

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.

Lot Size: 5 Acres

Legal Description: RANCHO RIO GRANDE, UNIT 10, BLOCK 2, LOT 34

Parcel Number: 1002026264396000340

Account Number: R074140

Latitude-Longitude:

Center: 34.634906 -106.864083

NW: 34.6358192490014 -106.86463323216003

NE: 34.6358156774109 -106.86353618065402

SW: 34.6340057304905,-106.86463270515503

SE: 34.6340021586467 -106.86353567643698

Annual Taxes: $31.90

HOA/POA: None

Zoning: Rural Residential 1

Access: Well Maintained Dirt/Gravel Roads

Power: Along Marble Quarry Road

Phone: In The Area or Mobile/Satellite

Water: By Well, Catchment System or Holding Tank

Sewer: By Septic/Alternative

Elevation: 4,984 ft

Conveyance Document: Special Warranty Deed

Type of Closing: Notary Close

Doc Prep Fee: $150.00

Nearby Towns: Belen: 5 miles

Los Lunas: 13 miles

Albuquerque: 33 miles

Points Of Interest: Rio Metro Rail Line

Isleta Casino & Resort

Tierra Del Sol Golf Course & Country Club

Abo Canyon

Bosque Del Apache National Wildlife Refuge

Manzano Mountains State Park

Rio Salado River

Land

Road Frontage Desc
Dirt

Topography
Rolling

Will Subdivide
No

Tax Data (Show Tax Data)

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The Hemingway Land Company
The Hemingway Land Company

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    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.