1.22 Acres
Currently Zoned Residential
$17,500
Owner Financing
Annual Taxes: $118
Land Features & Description
Rio Rancho is a suburb of Albuquerque about 15 miles to the northwest as the crow flies. It is the fastest growing city in New Mexico and this lot is located in one of the units close to new housing developments and the new City Center!! My notes say "Awesome location - many new homes to the northeast and east!" If you have been looking for an investment in a growing area be sure and check this out!
The section map shows where the property is located as well as the new subdivisions and the new City Center. This property is just out side of the city limits which can also be seen in the section map as a thick black line just to the east of this property. The subdivisions are the areas on this map that have more roads and details just to the northeast and east. I consider this one of the closer undeveloped units to the growth.
All of the photos were taken of the property when we visited it in October 2007. The area is a gentle rolling hill and you can see there is an intermittent stream/aroyo in the area in some of the aerial photo maps. I believe this property sits more in the upslope from that low point offering a long view of the Sandia Mountains to the east and of the hills that slopes down to the east to the valley below. I thought it was a charming setting and you can easily see the new development in the distance. There are quite a few maps inserted to help you get an idea how the property is as well as the growth in the area.
Mark and I personally own this lot. We really believe in Rio Rancho as an investment and if you are looking for more lots to invest in please contact me to discuss our inventory. We own all of the properties free and clear and all of them have title insurance available - these were not purchased through a tax sale!!!
If you are new to investing in Rio Rancho I really encourage you to take a moment and check out the Sandoval County website. You will find quite a bit of information and pictures about the growth of Rio Rancho. I have really seen this place take off since I started exploring land here about six years ago - incredible growth. And I still see the infrastructure growth and new subdivisions being built even in this slower economy.
1.22 Acres Real Estate Land for Sale in Sandoval County, New Mexico; Rio Rancho Estates Unit 7 Block 85 Lot 21; By Albuquerque & Santa Fe; Excellent Investment; Developments in Distance!
Contract: $17,500--$213 A Month--Or Best Cash Offer!!--Please call Char at 360-550-8943 with any questions! We are on PST!!!
Enjoy! Char The Explorer : )
MLS or Other ID: 135193
Location & Directions
We have made several maps showing how to drive to this property as well as aerial photos, some of which are supplied in this ad on Landflip. You can view all of the maps and in greater detail by visiting our own website Smile4uinc.com and clicking on the listing for this property. Landflip has provided a direct link to our own website above under "View Sellers Website".
Land descriptions, photos and maps are deemed reliable and provided without guarantee, warranty, representation, expressed or implied by LANDFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the advertiser directly regarding this listing.