0.25 acres Belen, NM
  
     
  
Address Hidden Valley Loop, Belen, NM
Legal Unit 4, Block 13, Lot 11 of RIO DEL ORO 
Acreage 0.25  
Subdivision: Rio Del Oro
Lots with Homes:
3000
Annual Taxes:
$15
Zoning: Residential
Home Construction Type:
Stick Frame
Streets:
Maintained Dirt Roads
Access:
Public
Recreational Amenities:
Boating at Elephant Butte Dam (1.5 hours), several fishing lakes and camping (12 miles
away), High School, Middle School, 2 Elementary Schools, University of New Mexico,
(see more below)
Utilities Available:
Water: No
Electric: No
Cable: No
Gas: No
Sewer/Septic: No
Phone: No
 
All utilities available through subdivision if homes are nearby.
Zestimate
®
$8,500
 
Please be advised that estimated values are derived from the median price of a home in
the area with 20% of that value accounting for the lot and 80% for the home.
Additional Information:
The subdivision of Rio Del Oro (RDO) provides a great opportunity to own investment
property just 25 miles south of Albuquerque, in scenic central New Mexico. Already a
suburb of Albuquerque, this subdivision has explosive growth and development potential.
 
RDO is professionally managed by the Valley Improvement Association (wonderful
people who believe in this development). They have put together Strategic Development
Plan. Please click here to review the document. (Adobe Reader Required). This document
is very informative.
A few years ago developers purchased over 600 acres in what was then units 46, 55 & 57
of RDO, consolidated and re-plated the lots and successfully completed two subdivisions;
Las Maravillas and Pasitos del Cielo. Proving market demand. This auction is for a lot in
unit. Due to this demand, an additional subdivision is currently being developed in Unit
19. For details regarding these subdivisions please click here. Homes sell for
approximately $115,000 in these areas.
 
We believe these lots provides an excellent short to long-term investment in an area that
has all of the conveniences of an urban development but located in a private and rural like
setting.
The open countryside, with its native grasses, wildflowers and the nearby Manzano
Mountains towering over 10,000 feet, provide a picturesque backdrop to the property. Located in the Cibola National Forest, the Manzano Mountain Wilderness covers nearly
37,000 acres, encompasses most of the mountain with incredible hiking, cross country
skiing and an abundance of wildlife.
 
A short distance from the subdivision, you ll finds a golf course and just off the interstate
is the entrance to the Senator Willie M. Chavez State Park. Nearby conveniences include
a Wal-Mart (and a Wal-Mart distribution Center), Senior Center, shopping centers,
churches, hospital, library, gas stations, grocery stores the Tierra Del Sol Country Club
and Golf Course, the University of New Mexico Valencia Campus, and the Resort and
Casino in Isleta located about 25 miles from the property. 
 
With an elevation of 5,060 feet, the climate couldn't be better. The winters and summers
are mild with summer temperatures in the 70 s and 80 s and mild winter highs in the 40 s
and 50 s. Clear skies and lots of sunshine make this an attractive investment property.
There are about 350 sunny days annually which lends itself well for future development.
Rio Del Oro is a very large under-developed community. The main population of the area
is along the I-25 corridor and the Rio Grande River. The Rio Communities lie to the east
of this main corridor. There are scattered subdivisions throughout this area and there are
other areas of no development. There are many nice homes in the already developed
areas.
 
This area is rapidly growing in value and popularity. Valencia County's population has
grown an unbelievable 46% in the last 10 years alone, with many new homes in the area.
The City of Belen has a population of 6,900 and the "Rio Communities" have another
5,800. The subdivision of Rio Del Oro (RDO) provides a great opportunity to own
investment property just 25 miles south of Albuquerque, in scenic central New Mexico.
Already a suburb of Albuquerque, this subdivision has explosive growth and
development potential.
RDO is professionally managed by the Valley Improvement Association (wonderful
people who believe in this development). They have put together Strategic Development
Plan. This document is very informative.
A few years ago developers purchased over 600 acres in what was then units 46, 55 & 57
of RDO, consolidated and re-plated the lots and successfully completed two subdivisions;
Las Maravillas and Pasitos del Cielo proving market demand. Homes sell for
approximately $115,000 in these areas.
We believe this lot provides an excellent short to long-term investment in an area that has
all of the conveniences of an urban development but located in a private and rural like
setting.
The open countryside, with its native grasses, wildflowers and the nearby Manzano
Mountains towering over 10,000 feet, provide a picturesque backdrop to the property.
Located in the Cibola National Forest, the Manzano Mountain Wilderness covers nearly
37,000 acres, encompasses most of the mountain with incredible hiking, cross country
skiing and an abundance of wildlife.
A short distance from the subdivision, you ll find a golf course and just off the interstate
is the entrance to the Senator Willie M. Chavez State Park. Nearby conveniences include
a Wal-Mart (and a Wal-Mart distribution Center), Senior Center, shopping centers, churches, hospital, library, gas stations, grocery stores the Tierra Del Sol Country Club
and Golf Course, the University of New Mexico Valencia Campus, and the Resort and
Casino in Isleta located about 25 miles from the property. 
With an elevation of 5,060 feet, the climate couldn't be better. The winters and summers
are mild with summer temperatures in the 70 s and 80 s and mild winter highs in the 40 s
and 50 s. Clear skies and lots of sunshine make this an attractive investment property.
There are about 350 sunny days annually which lends itself well for future development.
Rio Del Oro is a very large under-developed community. The main population of the area
is along the I-25 corridor and the Rio Grande River. The Rio Communities lie to the east
of this main corridor. There are scattered subdivisions throughout this area and there are
other areas of no development. There are many nice homes in the already developed
areas.
This area is rapidly growing in value and popularity. Valencia County's population has
grown an unbelievable 46% in the last 10 years alone, with many new homes in the area.
The City of Belen has a population of 6,900 and the "Rio Communities" have another
5,800.
 
The information provided above is a courtesy to potential buyers and is deemed reliable,
however, buyer needs to verify all information for themselves as all of the above
information is public record and its accuracy cannot be guaranteed by the seller. 
 
Please be advised that according to current building covenants you will need the
equivalent of 0.75 acres contiguous in order to build on these lots.
Building Permit Fees:
Contact County
HOA Information
Phone:
(505) 864-6654 
Website:
http://www.v-i-a.org/index.html 
Contact:
Valley Improvement District
Address:
386 W. Rio ?Communities Blvd.?P.O. Box 8?Belen, NM 87002
Fees:
$29
Services:
The Annual HOA fees and Yearly Taxes are approximate only. They may vary from year
to year. Please refer to the statements you receive in the mail.
Miscellaneous:
County Clerk fee of $9 for recording plus $2 per additional page or side. no transfer fee
with POA when property sells
County Information
Name:
Valencia
Phone: (505) 866-2003
Website:
http://www.co.valencia.nm.us/
Address:
County Courthouse
44 Luna Ave. ?Los Lunas, New Mexico 87031
Demographics
Population:
71364
Income:
$40379
Local Industry:
Construction, Education, Retail
Links:
http://www.city-data.com/county/Valencia_County-NM.html
Local Area Information
Major Cities:
25 Miles to Albuquerque
Roads/Freeways:
Interstate 25
 
Additional Information 
Photos are of the general area and are for illustrative purposes only. Buyer must do own DUE
DILIGENCE before purchasing! The property is being sold "as is" and due diligence is
acknowledged when buying. Legal description provided above to allow potential bidders to
conduct due diligence. All information contained in the listing has come from reliable sources
and is accurate to the best of our knowledge. We make no guarantee as to the condition,
accessibility, terrain, or buildability information contained herein. The Buyer agrees that by
buying, Buyer verifies they have done all due diligence research in respect to described land
parcel and that the said due diligence research is satisfactory for them to buy. Our customers
happiness is our first priority and we will do everything we can to accommodate any reasonable
requests.