Rio Grande Estates - Socorro in New Mexico
Unit 2, Block 1005, Lot 40 0.8 +/- acres
Property Overview
Rio Grande Estates is a mostly undeveloped subdivision in Socorro County. Lot 40 is a tremendous property. It is about 260 yards from U.S. Highway 60, its intersection with State Highway 304 is about 5 miles to the west. The intersection with State Highway 47 is about 9 miles to the east. Lot 40 is a premium corner property at the intersection of Jacinto Street and Borrego Avenue.
This property was originally laid out as a commercial lot, as indicated by the four digit block number. This could be the affordable commercial location you've been looking for! Highway 60 goes to the east past Amarillo, Texas. On its way through New Mexico it goes through Socorro, Datil, Encino, and Clovis. To the west it goes to and past Phoenix, Arizona.
However, you are not limited to commercial uses. There is no zoning in Socorro County. You can RV or camp on your property indefinitely while you hold it for investment. Or you can build your dream homestead. There are no subdivision restrictions, you just have county and state regulations. There are no Property Owners Association or Home Owners Association. This is virtually unrestricted land for sale in New Mexico.
Lot 40 is a large, approximately 0.8 acre property. This meets the generally accepted standard in New Mexico of at least 0.75 acre being required for a conventional septic system and a residence. Electric power is only about 88 yards away. For water you can contact a well driller to explore that possibility, or you can have it delivered and use tank storage.
The mountain views are great. You will be close to Belen and Los Lunas, and can take advantage of the passenger rail system for trips to Albuquerque and Santa Fe.
Property Location
Click here to see this great property on Google Maps
The approximate GPS coordinates of Lot 40’s corners are:
- Northwest 34.426230° -106.693556°
- Northeast 34.426230° -106.692561°
- Southeast 34.425900° -106.692561°
- Southwest 34.425900° -106.693556°
Driving Directions
- From US Highway 60, turn north onto Jacinto Street at 34.423786° -106.692418°
- 0.14 mile later the property will be on your left
Important 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.
| Electric | Nearby |