Rio Del Oro Subdivision LOT 4, Block 12, Unit 11, Los Lunas, NM, 87031

Property Details: • Type: Single Family Residence • Bedrooms: 0 • Bathrooms: 1

Description: AS-IS - Cash Sale!!!

Valencia County, NM 0.25 Acre Residential LOT - Rio Del Oro Subdivision LOT 4, Block 12, Unit 11

Prop ID/Acct No - R107889

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 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 Subdivision LOT 4, Block 12, Unit 11

This is a great 1/4 acre lot less than half a mile east of the Monterey Park neighborhood! It is also less than 1/2 mile north of the Rio Del Oro Loop, the main road through the subdivision.

This property enjoys incredible views of Florida Mountain! A great recreational cut of land, it can be used for all outdoors activities! There's no shortage of recerational opportunities in the area, easpecially for off-roading and ATV lifestyles! Just south of the property are the border towns of Columbus and Puerto Palomas, where quality goods and services can be obtained at favorable prices! Yearly county taxes only around $40!

Utilities have not been run into this area yet.

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