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Bidding has ended on this item. Item:INVESTMENT LOT-2ND FASTEST GROWING COUNTY IN NEW MEXICO  |
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You are bidding on the "Down Payment" for a Large Building Lot located southeast of Albuquerque, New Mexico in Valencia County. It is located in the Rio Del Oro Communities and is close to several already developed areas!!!
This Lot is in the RIO DEL ORO SUBDIVISION Unit #13. It is Lot 19 in Block 24. The Lot is 87.25 Feet Wide by 136.13 Feet Deep, which is slightly over 1/4 Acre. It is Located on Cyril Street in the Central Portion of the Unit. It is only a short distance from San Gabriel Blvd. This is one of the main platted roads in the area. It is only a few lots from a future Park Site / School Site / Community Center Site. And it is conveniently located only a short distance from the City of Belen, the County Seat of Los Lunas, Interstate 25, and Albuquerque. The Beautiful Tierra Del Sol Country Club and Golf Course is close to Belen where you can enjoy a round of Golf on a Great Course. You also will be close to the Beautiful Rio Grande River. The University of New Mexico Valencia Campus is only a few miles away and it is one of the fastest growing schools in the state.
The main population of the area is along the I-25 corridor. The Rio Communities lie to the east and extend for several miles. They vary from the most built up properties on the Western Side (with utilities and roads) to the most remote properties in the eastern section. This Subdivision "Unit 2" is closer to the Huge Manzano Mountains as you can see on the map below. Elevation of 5000' makes for near perfect temperatures year round. The summer highs are in the 80's & 90's with the winter highs in the 50's. The Property areas are level to rolling slopes with native grasses, bushes, and small to medium size trees. There are Stunning Views in every direction. Immediately to the east the Manzano Mountains tower over 10,000 feet offering Breathtaking Views of the Rockies. There are several National Forest and Wilderness areas within a short drive. They offer an incredible variety of outdoor activities such as mountain bike riding, hiking, camping, hunting, fishing, canoeing, snow skiing, horseback riding, ATV riding, site seeing, and just relaxing. This Area Is Now Poised To Explode!!! At the very next Exit to the North on I-25, They are in the final phases of a Large 1500 Home Subdivision. Another Developer has Purchased a 6,000 Acre Tract near the same exit and is getting it ready to develop. Valencia County's population has grown an unbelievable 46% in the last 10 years alone. The City of Belen already has a population of 6900 and the "Rio Communities" has another 5800. This area is rapidly growing in value and popularity. On August 2, 2006,an Aircraft Manufacturer called LOPRESTI FURY announced it will build a new manufacturing plant in Belen. The plant will build a 2 seater sport aircraft and will employ 350 workers. On Election Day on November 7, 2006, a whopping 76% of the residents of Valencia County voted to pass a referendem to Build a New Hospital in the county. THEY HAVE ANNOUNCED THIS NEW HOSPITAL WILL BE BUILT INSIDE THE RIO DEL ORO SUBDIVISIONS. It was supposed to be completed and running in 2010. This will be another Huge Boost to this area!!! In the immediate Belen area there is a Walmart Super Center, IGA Grocery, Staples, Senior Center, Museum, The University of New Mexico Valencia Campus, as well as the normal array of schools, churches, health care, etc. With convenient access to Interstate 25, all other amenities are just a short drive away in Albuquerque. The very next exit north on Interstate 25 has another Super Walmart as well as Walmart's Central Distribution Center for the entire state. On up I-25 is Albuquerque, which is the Largest City in New Mexico, and is home to the Annual International Balloon Fiesta. And don't forget the large Resort and Casino in Isleta that is just a 25 minute ride away. The Regional Transportation District has recently launched the NEW PASSENGER RAIL SYSTEM and it is now in operation. This connects the Belen / Los Lunas area directly with Albuquerque. Residents are now able to live in the Belen area and work in Albuquerque, and commute on this light rail system. They have already completed the construction of the extension of this Rail System to the State Capitol of Santa Fe. There is easy access and county road frontage for this subdivision and nice building sites with great views. There are no time restrictions on when to build and there are no unreasonable restrictions on what to build. The VIA Home Owners Association has dues of approx $24 per year. This Home Owners Association helps to promote the area as well as take care of the many Benefits for the Owners. There are utilities in the area, but they are not on the property yet. For now Water would be by well of approx 100 to 250 feet and Sewer would be by septic - when you build. After City Water and Sewer Lines are run, there properties should be worth much much more. Taxes are under $20 per year per lot and are current. Cell phones are normal. Title is free and clear. Every Lot in this Subdivision was surveyed and pinned when it was laid out!!! This lot is Zoned for "Single Family Residences". NOTE: The Rio Del Oro Subdivision does generally require at least 1/2 of an acre (which is 2 lots) to issue a building permit for a permanent home when the lot is not serviced by a city water and a city sewer system. This auction is for a single lot which will presently not meet this 1/2 acre minimum requirement. When the city utilities are installed this would no longer be an issue as every single lot would then be buildable, and will become much much more valuable. As a result this lot should be considered as a short to mid term investment. Other lots in this same area have listed for $4000 to $7500 a piece and higher. For a price comparison, you can view a list of other sellers properties at: YOU ARE BIDDING ON THE DOWN PAYMENT ONLY!! THE TOTAL COST OF THIS PARCEL IS ONLY $1475. Your bid price will be subtracted from the full purchase price of $1475. The balance can be paid over 12 months @ 0% interest. Or you can pay the balance over 24 months @ 9% interest, which would give you payments of around $66.00 per month or less!!!
NOTE: Bidding High Does NOT Change the Total Price You Pay for this Property!!! It simply Helps to Assure "You Get It" and it Does Lower the Payments You Will Make.
DISCOUNT: We also offer a 10% Cash Discount if you Simply Pay For This Lot In Full!!!. This would be $1327.50 plus the $195 Document Fee for a total of $1522.50.
There is a $195 documentation prep and recording fee to be paid by the buyer. THE BUYER MUST CONTACT THE SELLER WITHIN 24 HOURS AFTER THE END OF THE AUCTION. THE DOC FEE AND THE WINNING BID AMOUNT MUST BE RECEIVED WITHIN 48 HOURS AFTER THE END OF THE AUCTION!!! We prefer PayPal, but also accept a bank check or a money order. We will then send you a contract to sign and return, as well as the property map and maps of the area. After the property is paid in full, the deed will be recorded in your name and mailed to you.
* The 1st Picture is the Entrance to the Rio Del Oro Subdivision Group.
* The 2nd Picture is of a New Church in the Rios.
* The 3rd Picture is of one of the Many Parks in the Rios.
* The 4th Picture is of One of the Scattered Subdivisions.
* The 5th Picture is a map of the general area showing the location of this property!!!
* The 6th Picture is of the Nearby Tierra Del Sol Country Club and Golf Course!!!
* The 7th Picture was taken in Las Maravillas, which is one of the developed units in the Rio Del Oro Subdivisions!!!
* The 8th Picture is Another Developed Area.
* The 9th Picture is the plat map showing This Property and its location near the site designated for a School / Park / Community Center!!!
* The 10th Picture is Looking Down the Street of Another Developed Area.
* The 11th & 12th Pictures are Looking Out Towards The Mountains Where This Property Is Located.
This Area Is Beautiful!!! You Must See This Area In Person To Fully Appreciate It!!! These will be "YOUR VIEWS" to Enjoy Everyday In Person!!!
Don't wait as prices in the Albuquerque area are rising fast.
PLEASE DO NOT BID IF YOU CANNOT COMPLETE THE AUCTION AS REQUIRED. WE WILL LEAVE AN "UNPAID ITEM STRIKE" FOR ALL NON PAYING WINNING BIDDERS!! THESE "UNPAID ITEM STRIKES" COULD RESULT IN YOUR REMOVAL FROM EBAY!! IT IS VERY SIMPLE: IF YOU ARE NOT POSITIVE YOU WILL COMPLETE THE PURCHASE, DO NOT PLACE A BID!!!
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Shipping and handling Shipping to: Will arrange for local pickup only (no shipping).
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