Price Rollback
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!
This property is Rio Del Oro, Unit 12, Block 70, Lot 5.
It is a great 1/4 acre lot less than a quarter of a mile east of the Manzano Expressway.
It isn't quite close enough to the Rio Communities to have had its price skyrocketed by speculators yet. This is a great chance for you to scoop up this property while it's still at this price.
This will be a nice pot 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 $53.73 per month over 2 years. Or you can buy the property 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.
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
We have not been to this property, these directions are what seem sensible to us from what we see on Google Earth. You should look at the area in Google Earth or Google Maps (satellite view) to plan your trip. You might prefer a different route than the one described below. Also, most of these roads were graded in decades ago and have not been driven on since. In these very rural areas we recommend that you use a good quality handheld navigation device such as a Garmin Etrex so that you can navigate with GPS coordinates.
From the intersection of Main Street and Luna Street in Los Lunas, NM.
Go east on Main Street / NM-6 E.
1.5 miles later turn right onto El Cerro Road / El Cerro Loop.
0.4 mile later take slight left onto El Cerro Loop / Vigil Road.
1.8 miles later turn right onto NM-263 E / N El Cerro Loop / El Cerro Loop.
1.5 miles later turn left onto El Cerro Mission Boulevard.
1.1 miles later turn right onto the Manzano Expressway.
6.75 miles later turn left at 34.676765 -106.685029.
0.22 mile later turn left at 34.676384 -106.681182.
0.2 mile later turn right at 34.679322 -106.680778.
96 yards later turn left at 34.679249 -106.679807.
125 yards later Lot 5 will be on your left.
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