Commercial Land For Sale In New Mexico
Shopping Center Lots - Investment Property For Sale
Rio Del Oro Overview
The Rio Del Oro subdivision is one of the Rio Communities. The Communities are conveniently located only a short distance from the city of Belen, the county seat of Los Lunas, Interstate 25, and Albuquerque.
The Rio Del Oro subdivision is an under-developed community. It is just east of the town of Belen, which is rapidly becoming a bedroom community to the city of Albuquerque. The main population of the area is along the I-25 corridor. The Rio Communities lie along the east side of this corridor.
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.
A new Interchange off of I-25 is in the works. This project in conjunction with a new east-west corridor (Morris Road Alignment) will connect I-25 to State Highway 314, across the Rio Grande River and then on to State Highway 47 where these Rio Communities are located. The bypass will make the Rio Communities more accessible and create more traffic through the area.
The new Senior Economic Developer for Los Lunas has stated that one of her priorities is to work in partnership with Belen, the Rio Communities, and Socorro to create a regional economic ecosystem. The Rio Communities are currently the last large vacant tract of land in the area and with easier access, growth will be coming this way!
We are offering for sale here strip mall lots and they generally run at least 40 feet wide by 272 feet deep, which is the standard 1/4 acre strip mall lot. These are laid out the same as strip malls are everywhere. They are meant to have common wide sidewalks in front of them and are the narrow deep stores with storage room or office in the back. The finished stores can be a single lot width, or they may be several lots wide. Every lot has platted street access. Utilities and paved roads have not yet been run to these properties. This is why we can offer them for such a low price, and why you might consider snatching up these cheap investments now.
Property Highlights
- Individual Lots Approximately 0.25 Acre Each
- Fantastic Manzano Mountains Views
- Exciting Area Near Belen And Los Lunas
- Approximately 5,000 Feet Elevation, Great Weather
Power & Water
These properties are off grid with no available utilities. Although utilities might be nearby, they have not yet been run to these exact properties.
Local HIghlights
- Belen
- Los Lunas
- Roadrunner Passenger Rail System to Albuquerque and Santa Fe
- Manzano Mountains
- Cibola National Forest
- Tierra Del Sol Country Club And Golf Course
Important Buyer Notes
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.
We have no special or insider knowledge of the area. We are not financial consultants, you must do your own due diligence.
Some of these properties were subject to annual fees from the Valley Improvement Association. The Valley Improvement Association has helped to promote the area as well as providing benefits for the owners. Effective January 1, 2024, Valley Improvement Association, Inc, will no longer impose an annual assessment on properties that were subject to an annual assessment. Taxes are under $20 per year per lot and are current.
