10.1 Acre Ranchette 35 Miles from Albuquerque, NM Investment property in Tierra Grande Estates! Start Price USD 29,900.00 Current Price USD 29,900.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Saturday, July 19, 2008 End Time Monday, August 18, 2008 Location Scottsdale, Arizona See more about '10.1 Acre Ranchette 35 Miles from Albuquerque, NM' Description 10.1 Acre Ranchette 35 Miles from Albuquerque, NM Investment property in Tierra Grande Estates! Nestled in the foothills of the Manzano Mountains in New Mexico this 10.1 acre ranchette is surrounded by tremendous natural beauty yet has all of the conveniences of a larger urban area. We believe this property is an excellent short to long-term investment due to its prime location just to the south of Albuquerque (an area that is primed for growth). This property is located in spectacular Valencia County in North Central New Mexico, an area which offers low property taxes, inexpensive housing, the convenience of a nearby large city, and an abundance of open space. Property values in New Mexico have soared in recent years due to migrations of retirees enticed by the warm-pleasant climate and the relaxed low-key lifestyle of the Southwest. Investors and business entrepreneurs have are also relocating to the area due to its friendly business atmosphere and strategic location between Texas, Arizona, California, Colorado, Utah, and Mexico. The potential for growth has already been demonstrated in nearby Albuquerque and Rio Rancho. Albuquerque and Rio Rancho have experienced explosive growth in the last few decades. This area is destined to become the next Phoenix. A large percentage of land in this region is owned by the Federal and State governments and Native American Reservations leaving a very limited amount of land available for private ownership. Out of the privately owned portion, fewer and fewer places remain where one can enjoy privacy and the amenities that will provide peace of mind and relative freedom. The opportunities for acquiring undeveloped properties are diminishing. As a property owner in this area you can declare your independence from metropolitan chaos and escape to a quiet, secluded, enriched life for you and your family for generations to come. Land ownership opportunities of this quality in the West are rare. As a property owner in this area you can declare your independence from metropolitan chaos and escape to a quiet, secluded, enriched life for you and your family for generations to come. Valencia County fulfills the needs of those looking for a new adventure in living, a prudent investment, and a legacy property to pass on to their children. Please click on the links provided for more information: Albuquerque Growth Rio Rancho Growth One of the best cities to start a business or career New Mexico Growth This property is located in Tierra Grande Estates. Already a suburb of Albuquerque (a half hour drive away), this development has excellent potential. Tierra Grande is a very large minimally developed subdivision that is part of the an area known as the Rio Communities (outside of Belen NM). The Rio Communities consist of several similar developments just to the east of the I-25 corridor and the Rio Grande River and to the west of the Manzano Mountains (see maps below). Almost every lot in the development is accessible by a platted dirt road which leads to a maintained county road. Utilities are present in different stages of completion throughout the area. Tierra Grande also has a great improvement association that is proactive and dedicated to maintaining and improving the quality of life in the area. The association has a clear vision of future development in the region and a strategic plan. Developers have already purchased over 600 acres in the Rio Del Oro Development (just to the north) and consolidated and re-plated the lots to complete two high density subdivisions: Las Maravillas and Pasitos del Cielo Due to high demand, an addition subdivision is in the works demonstrating a market demand. Homes in this area are selling for over $150,000. 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. For Belen facts please click here and for the Chamber of Commerce Brochure please click here. With an elevation of 5,200 feet, the climate could not be more hospital. 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. 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. Located a short distance from the subdivision is the Tierra Del Sol Country Club and Golf Course and Senator Willie M. Chavez State Park. Other nearby conveniences include a Wal-Mart (and a Wal-Mart distribution Center), Senior Center, shopping centers, churches, hospital, library, gas stations, grocery stores, the University of New Mexico Valencia Campus and the Isleta Casino and Resort Comparable land in the same area has listed or sold for between $5,500 - $10,000 or more per acre. For a price comparison, you can view a list of other sellers properties at: Comparable Listings Comparable Listings Comparable Listings Comparable Listings Comparable Listings YOU ARE BIDDING ON THE FULL PRICE OF THIS PROPERTY (NOT PAYMENTS). The total and complete cost of this property is the $200.00 doc/prep fee (see details below) plus the winning bid amount. Payment must be made within 3 days of the checkout. We accept Paypal, all major credit cards and money orders. SIZE: 10.1 Acres LEGAL DESCRIPTION: Tierra Grande Unit 14, Block 6, Lot 18 STATE: New Mexico COUNTY: Valencia GENERAL LOCATION: 35 Miles from Albuquerque, NM DRIVING DIRECTIONS: From Albuquerque travel south on Interstate 25 to Belen (Exit 191, approximately 35 miles south of Albuquerque). Travel east on State Route 548 (Camino Del Llano Road/Sosimo Pidaloa) towards Belen for approximately .93 of a mile. At this point, there is an intersection with State Route 314 (Main Street). Turn left onto State Route 314 and head north through downtown Belen for approximately .56 of a mile. At this point, there is an intersection with State Route 309 (Reinken Avenue). Turn right onto State Route 309 (Reinken Avenue) and head east for approximately 2.42 miles (you will cross the Rio Grande River). At this point, there is an intersection with State Route 6. Turn right, and head southeast for approximately 8.7 miles to the intersection with Mazanita Drive. Turn left onto Manzanita Drive and head northeast/east/southeast for 3.44 miles to the intersection with Nieve Circle. Turn left onto Nieve Circle and head northeast for .62 miles to where the road turns to the north/northwest. The southwestern boundary of the property is adjacent to this curve in the road. Roads leading to the property may not be completed and road signs may not be present. All distances are approximate. Please refer to provided maps and images to aid in finding the property. We are unable to note clear driving directions as we have not visited the property. Please see the “Special Note” below and check the detailed maps at the end of the posting for details. SPECIAL NOTE:These directions are being provided to you as an aid in helping you find the general area in which the property is located, not the exact location of the lot. The directions have been derived from several sources of information that have not involved a site visit but rather map and internet sources from an office. Other aids such as a GPS unit, plat, area or B.L.M maps may be required to find this property. If you are planning a site visit, Click Here. TITLE INFORMATION: There are no liens associated with this property. Our title policy is available for review upon request. CONVEYANCE DOCUMENT: Special Warranty Deed. GENERAL ELEVATION: Approximately 5,200 feet. INFORMATION ABOUT OUR COMPANY AND CLOSING INSTRUCTIONS. Please read this prior to making your bid.. ZONING: Rural-Residential (contact county for details) . POWER: In the subdivision. Not to the lot. PHONE: In the subdivision but not to the lot line. Most cell phone signals are strong due to proximity to the freeway. WATER: By well or alternative system SEWER: Septic or alternative system ROADS: Well maintained dirt roads PROPERTY TAX: About $12.00/year. Taxes are or will be current at the time of recording. COUNTY RECORDING FEE: $9 paid by purchaser directly to the county. TIME LIMIT TO BUILD: N/A INTERNAL CODE:1-018-021-235-165-000180 To view photographs of the area please click on the links below. Please note the pictures were taken near the property and are representative of the area. We have not visited this lot. SEVERAL PHOTOS NEAR THE PROPERTY TIERRA GRANDE ASSOCIATION PHOTOGRAPHS To view maps of the approximate location of the property please click on the links below. Plat map Street map Area Map 3D Image Aerial Image State Map Please note that we purchased this property specifically for resale. Nearly all of the information we know about the property is in the posting. We have not conducted a site visit. All of the research we completed regarding this property was conducted in our offices in Scottsdale, Arizona and the offices of our contracted agents. Important Note: Our company will not offer "Second Chance Offers". Please review the information at this link for details. Place a Bid!