Listing LD7621
Owner financing

Rio Del Oro Investors - Unit 48 Block 33 Lots 40,41,42

Cash price$8,977$99 down / $159/mo
Valencia, NM0.75 acres
Rio Del Oro Investors - Unit 48 Block 33 Lots 40,41,42 - Image 1
Rio Del Oro Investors - Unit 48 Block 33 Lots 40,41,42 - Image 2
Rio Del Oro Investors - Unit 48 Block 33 Lots 40,41,42 - Image 3
Rio Del Oro Investors - Unit 48 Block 33 Lots 40,41,42 - Image 4

Property Description

These three great adjoining lots are west of the Manzano Highway, nearer Belen. They are less than 300 yards from the intersection of Sherrod Boulevard and De Haan Loop. Sherrod Boulevard connects Highway 47 to the Manzano Expressway.

To the south is the Chamesa development, to the southwest are the Rio Communities, and north of those is the La Merced Elementary School.

If you are one of the many people becoming excited at the activity in the Los Lunas and Belen area lately, you might want to grab up these properties as an investment stocking stuffer. Property for sale in this area has been getting investor interest, and you can still buy these now while they are still cheap land. Prices will inevitably go up.

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. In February 2025 YourCheapLand prepared a summary of recent business activity. You can read it here.

You can use these properties for occasional camping and RVing while holding them for investment. Or you can combine them into a single property and apply for a building permit. Utilities have not yet been run into this area, for now it is off grid.

NOTE FOR INVESTORS: We have no special or insider knowledge of the area. However In our listings we have added "Investor" next to properties that we think might be of particular interest to people who are excited about area growth and looking for investment. The properties that we tag with "investor" are in areas near existing development and/or in areas where we have been seeing interest from land investors. However we are not financial consultants, you must do your own due diligence.

The approximate GPS coordinates for the corners of this group of lots:

34.671206 -106.704927

34.670743 -106.704986

34.670687 -106.705072

34.670771 -106.705802

34.670847 -106.705882

34.671006 -106.705862

34.670954 -106.705414

34.671257 -106.705374

Buyer Note

No business or commercial activity of any kind is allowed involving a property under loan contract. Any plans you might have of a commercial nature must wait until the property is paid for in full and ownership has been transferred to you.

Additional Notes: Investor

0.75
Acres
32,670
Square feet
GPS Coordinates (Center)
34.670934, -106.705415
County
Valencia
State
NM
Subdivision
Rio Del Oro Investors
Property Location

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GPS Coordinates

34.670934, -106.705415

Owner Financing Options

Owner financing terms are set by the seller. Ask about qualification.

Years
1 Year7 Years

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$
$99 (min)$9,975

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This is the minimum down payment for this property

Your Monthly Payment

$159/mo

Owner-financed price

$9,975

Interest Rate

9.00%

Document Fee

$195

Term Length

84 months

Total of Payments$13,347
Total Cost$13,641

Confirm seller financing terms

Financing availability, credit requirements, approval timing, payment flexibility, and ownership transfer details can vary by seller and property. Review the listing and agreement before moving forward.

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General

Listed By
Your Cheap Land

Contact: Rob Ashbaugh

Your Cheap Land specializes in providing affordable land for sale in Colorado, Utah, Texas, Oklahoma, Arizona, and New Mexico. We aim to make land ownership accessible to everyone, regardless of budget. We own the land we sell We are not brokers and we are not middlemen for anonymous sellers. Our family name, Stephens, will show in the county ownership record of each property. By selling direct we avoid realtors’ fees and advertising expenses, which allows us to offer high quality land for sale at low affordable prices. Finance through us We also offer our own financing, for which everyone qualifies, with no credit check. There will never be a lien or back taxes owed on any property that we sell. We always have done, and always will do, whatever we can to ensure that your real estate purchase is easy and worry free. Whether you are purchasing your land for investment, to build, or for recreation, we are happy when you are happy! Find your dream property Please take some time to look through our properties for sale. You may be looking for ranch land, mountain land; desert land, forested land, ¼ acre or dozens of acres or something in between. Whatever your goal is we want to help you reach it easily, quickly, and yes, cheaply!

Interested in This Property?

Submit an offer and we'll get back to you promptly to discuss the details.

Important Disclaimer:

Buyers are responsible for conducting their own due diligence, including but not limited to: verifying property boundaries, utilities availability, zoning restrictions, access rights, and any HOA requirements. We recommend visiting the property in person and consulting with professionals before making a purchase decision. All information provided is believed to be accurate but not guaranteed.

$8,977

Owner financing: $99 down / $159/mo

Your Cheap Land

Your Cheap Land

Rob Ashbaugh
All Your Cheap Land Listings

Cash price

$8,977

$159/mo