10890 SQ FT IN VALENCIA COUNTY
Do you dream of the open sky and desert views? Are you tired of the noise, congestion and crowded streets of the city? We have the perfect place for you. This is a secluded 10890 sq ft lot with desert views in all directions.
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president
The plot is near Los Lunas, where a new Facebook data center was recently opened, and 15 minutes from Belen. It is accessible from multiple highways, including Manzano Expressway and New Mexico Highway 47.
Homes in the area sell for an average price of about $114,000, so building a house is a great way to increase the value of this lot. See images above for a Zillow estimate of average homes prices in the area.
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist
What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.
Belen is geographically at the center of New Mexico and is a transportation hub for the state. There is a commuter railroad to Albuquerque and Santa Fe in Belen and several festivals throughout the year. The total population is around 7,000.
Property values in Belen and Valencia County are likely to see a boost due to the upcoming construction of a Facebook data center in Los Lunas (15 minutes outside of Belen). The construction of the center and its attendant infrastructure should bring lots of jobs to the area, raising property values.
“Don’t wait to buy real estate. Buy real estate and wait.” – Will Rogers, actor
APN: 1 013 031 360 370 000260
Legal Description: SUBD: RIO DEL ORO LOT: 26 BLOCK: 11 UNIT: 9 .25+/-
TAXES AND HOA ARE PAID AND CURRENT
Annual taxes are $3.18. Taxes have been paid through 2018 and no back taxes are owed.
“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul
FREQUENTLY ASKED QUESTIONS
Is there water available on site? Water may be obtained via a well, which you will have to drill.
Is there sewer service or do I need a septic tank? You will need to install a septic system on site.
Can I build a home on the lot? Please go to the Valencia County building department for more information on how to obtain a building permit.
Are there any improvements on the lot? No, the lot is vacant. There are no fences or buildings on the lot.
What kind of deed will I receive? You will a receive a special warranty deed, which means the seller is guaranteeing that the property wasn’t encumbered during the time of his/her ownership.
How many people can be included on the deed? You can have as many people listed on the deed as you would like.
Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.
“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur
We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!
“It is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can’t fly away.” – Anthony Trollope, novelist