Rio Del Oro

Owner financing terms

The same terms apply to every tract in Rio Del Oro.

Terms from 1 to 8 years: 0% interest on a 1-year term, 9% on longer terms. $195 document fee. 10% discount for paying in full.

About Rio Del Oro

Undeveloped Land For Sale In New Mexico Residential - Recreational - Investment Property For Sale Rio Del Oro Overview 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. We have added updates to our summary of area business activity. You can read it here. We are offering for sale here residential lots in a variety of locations throughout the subdivision. Every lot has platted street access. You can buy the residential lots for investment, building, or to have a place to RV while visiting the area. Some lots are closer to existing developments, some lots are closer to the Manzano Mountains. Property Highlights No Subdivision Restrictions Individual Lots Approximately 0.25 Acre Each Fantastic Manzano Mountains Views Secluded Area Near Belen And Los Lunas Build A Residence If And When You Choose (0.75+ acres) RV And Camp Up To 30 Days Per Year While Holding For Investment Mobile Homes Allowed (0.75+ acres) Approximately 5,000 Feet Elevation, Great Weather Restrictions & Easements All properties have legal platted access. None are landlocked. Most were graded in long ago and have faded because nobody has been driving on them. This varies from property to property. You can leave the easements as they are, or grade them as you choose. You can RV for up to 30 days per year. Typically if you want to build a residence you will need at least 0.75 acre to accommodate a residence and conventional septic system. You will need to have three or more adjacent lots replatted with the county to form a single property large enough to meet building requirements. For details, and with any questions concerning land usage, call the county at 505-866-2050. Power & Water These properties are off grid with no available utilities. Although utilities might be nearby, they have not yet been run to these exact properties. If building a residence, you will probably use solar for power, and either explore the option of a water well with a well driller or have water hauled in and use tank storage. Local HIghlights Belen Los Lunas Roadrunner Passenger Rail System to Albuquerque and Santa Fe Manzano Mountains Cibola National Forest Tierra Del Sol Country Club And Golf Course If you decide that you want to apply for a building permit, 3/4 acre is generally considered to be the minimum buildable size with a conventional septic system. To find out if a prop