Rio Grande Estates - Valencia

Owner financing terms

The same terms apply to every tract in Rio Grande Estates - Valencia.

Terms from 1 to 4 years: 0% interest on a 1-year term, 9% on longer terms. $195 document fee. 10% discount for paying in full.

About Rio Grande Estates - Valencia

Cheap Off Grid Land For Sale In New Mexico Developing Area Is Generating Interest Rio Grande Estates Overview The Rio Grande Estates is an underdeveloped subdivision consisting of building lots located southeast of Albuquerque. They are located in Valencia County just east of Belen, near to Los Lunas. They have spectacular views of the Manzano Mountains to the east. 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 should be coming this way. We have added updates to our summary of area business activity. You can read it here. Property Highlights No Property Owners Or Home Owners Association Properties Range From 0.5 Acre To 1 Acre Fantastic Manzano Mountains Views Secluded Area Near Belen And Los Lunas Build A Residence If And When You Choose RV And Camp (Up To 30 Days Per Year) While Holding For Investment Mobile Homes Allowed, Farm Uses Allowed Approximately 5,000 Feet Elevation, Great Weather Restrictions & Easements All properties have legal platted access. None are landlocked. Some street easements have not been graded, many 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. These properties are zoned Rural Residential 1. You can have one principal dwelling, and farm uses are allowed. You will probably need to have a total of at least ¾ acre to obtain a building permit with a conventional septic system. ½ acre lots may be buildable using higher tech alternatives to conventional septic. Contact the county at 505-866-2050 with any land usage questions. 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. 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 property less than 3/4 acre with no municipal water might qualify for a building permit, contact the New Mexico Environment Department at 505-827-2855 or https://www.env.nm.gov or you can consult a liquid waste professional regarding the specific property that you are considering for purchase.