Property Summary
Get in early, Facebook is moving to Los Lunas, NM! Facebook has reported that it expects “billions of dollars of economic impact.” Los Lunas has received approval for $30 BILLION in Industrial Revenue Bonds to fund infrastructure improvements. Crazy big news! Take a look! https://www.abqjournal.com/844876/facebook-picks-los-lunas-for-its-data-center.html and https://www.facebook.com/LosLunasDataCenter/
Carrying costs are low at less than $5 per year. This make a perfect land banking property. This is an up and coming area where land values will only increase!!! Invest today!
The subdivision of Rio Del Oro (RDO) provides a great opportunity to own investment property just 25 miles south of Albuquerque, in scenic central New Mexico. Already a suburb of Albuquerque, this subdivision has explosive growth and development potential. Not long ago developers purchased over 600 acres in what was then units 46, 55 & 57 of RDO, consolidated and re-plated the lots and successfully completed two subdivisions; Las Maravillas and Pasitos del Cielo. proving market demand for property in this area.
This 0.25+/- acre lot in Los Lunas, New Mexico in Valencia County is about 15 miles SE of the new Facebook Data Center and 1.5 miles E of El Cerro-Monterey Park neighborhood.
Valencia County is home to a variety of terrain and beautiful scenery. There are many options for activities in the area, from skiing to hiking to just relaxing. Hunting, fishing and golfing are also very popular in this state that has an average of 310 days of sunshine a year! New Mexico also has ten major rivers, making it a popular destination for rafting, canoeing and kayaking. There are also millions of acres of national parks set in mountains, forests and deserts.
The area has spectacular mountain views, a thriving community and is only 35 miles from Albuquerque. It is also home to University of New Mexico campus with 2,000 college students as well as new elementary and high schools. Shopping, restaurants and businesses are minutes away. Public transportation is available via train to Albuquerque! Subject to any taxes or fees. County is home to a golf course, State Park, resort and casino! With an excellent climate and close to a major city – what more could you want! Walking distance to the beautiful Manzano Mountain National Park.
This property zoning is residential planned development which allows for homes and manufactured homes. The county requires 3/4 of an acre to install a septic and well so you would need to purchase adjoining properties in order to build, however many people are buying these lots for future investments as well as a place to retire to in years to come.
Subdivision | Rio Del Oro Unit 61 |
Street Address | N/A, Los Lunas, NM 87031 |
City | Los Lunas |
State | New Mexico |
County | Valencia County |
Zip | 87031 |
Size | 0.25 +/- Acres |
APN | 1018034335395120420 |
Legal Description | Unit 15, Block 61, Lot 2 Rio del Oro Subdivision |
Lat/Long Coordinates | NW Corner: 34.7488889, -106.579444 NE Corner: 34.7488889, -106.579167 SW Corner: 34.7486111, -106.579444 SE Corner: 34.7488889, -106.579166 |
Google Maps Link | https://goo.gl/maps/KWm3dY4rt2B2 |
Elevation | 5,213 ft |
Annual Taxes | Approx. $3.08 per year |
Zoning | PD (Planned Development) - subdivision, residential 1 acre minimum to build a house b/c 3/4 acre required for septic. |
Access | Dirt Roads - The roads in the subdivision were subdivided years ago and are mostly overgrown from lack of use. I would definitely print the maps, study the aerial photos and bring along your gps to view the property. |
Sewer | Would be by septic system (with 3/4 acre min) |
Water | Would be a well, water haul and holding tank or other similar option |
Utilities | Power by Solar or generator, Phone by cellular, Satellite TV/Internet/Phone |
Map
Valencia County APN: 1018034335395120420 is located in Los Lunas, New Mexico within the Rio Del Oro Unit 61 subdivision. The approximate longitude & latitude coordinates for this property are shown on the map below. (34.7488889, -106.579444)
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