5 ACRES IN TORRANCE COUNTY, NEW MEXICO – NEAR POWER
See Property Details Below
This lot is located near the town of Estancia in Torrance County. It is approximately 50 minutes from Albuquerque, which can be reached from Interstate 40, and 35 minutes to the Cibola National Forest. The lot has physical access via a county-maintained dirt road.
“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 property is 1 hour and 15 minutes from the Manzano Mountains, a 40-mile long mountain range 25 miles to the south of Albuquerque. The mountain range includes a wilderness area, a national park and a state park as well as several peaks and canyons with hiking and mountain biking trails along with campgrounds and picnic areas.
There are homes and a few small businesses around the property and the closest town (McIntosh) is 5 minutes away. Power is nearby (see above images, based on satellite images, powerlines appear to run down Rancho Grande Ave).
“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
CASH DISCOUNT PURCHASE PRICE $2565 + $395 DOCUMENT FEE
We accept personal checks, cashier’s checks, money orders and Zelle.
SELLER FINANCING AVAILABLE: $3075 + $395 DOCUMENT FEE
20% down with monthly payments of $299 at 0% APR. NO PREPAYMENT PENALTY. No credit checks.
TITLE AND USE
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.
ABOUT CIBOLA NATIONAL FOREST
The Cibola National Forest is 1,625,542 acres in size with elevations ranging from 2,700-11,300 feet. There are four wilderness areas within the national forest, including the Manzano Mountains Wilderness Area. The national forest has plenty of deer, elk, antelope and turkeys for hunting as well as numerous spots for fishing. There is also a ski resort on Sandia Mountain and ample trails for hiking, horseback riding and bicycling.
Legal Description: EL RANCHO GRANDE E2 OF SECTION 25 LOT 30
TAXES ARE PAID AND CURRENT
Annual taxes are $118.87. 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? You will likely need to drill a well in order to access water. The EMWT Regional Water Association may also provide services to the lot, please contact them for more information.
Is there sewer service or do I need a septic tank? You will likely need to install a septic system on site.
Is there power available? The Central New Mexico Electric Cooperative provides service in the area. Contact them for more information. Since there are homes and power lines nearby, it should be relatively easy to access power.
Are there any improvements on the lot? No, the lot is vacant.
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!
“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist