Rio Del Oro Commercial in New Mexico

2-15-3,7-20-10,15-58-30,40-15-26,48-4-1 1.25 +/- acres

These five commercial strip mall lots are strategically scattered throughout the Rio Del Oro subdivision.  Each lot is part of a larger strip mall and is integral to the completion of that particular strip mall.  Having lots in scattered locations increases the likelihood that one of your lots will be desired by a developer.  Each lot is approximately 0.25 acre.

These properties are in Units 2, 7, 15, 40, and 48.

Unit 2 Block 15 Lot 3

Lot 3 has frontage along platted Rio Placido Boulevard and is less than 0.6 mile from the Rio Del Oro Loop, which is the major road through the subdivision.  It is near acreage originally set aside for a school or park site, but this acreage may be developed differently.  Approximate GPS coordinates 34.717714 -106.578748

Unit 7 Block 20 Lot 10

Lot 10 has frontage along platted Solar Loop and is about 0.7 mile from the Rio Del Oro Loop.  It is about 0.8 mile from Valencia High School.  Approximate GPS coordinates 34.722825 -106.645507

Unit 15 Block 58 Lot 30

Lot 30 has frontage along platted Torrance Boulevard and is just 5 lots away from the Rio Del Oro Loop.  The El Cerro Monterey Park development is just over 2 miles away.  Approximate GPS coordinates 34.748 -106.573274

Unit 40 Block 15 Lot 26

This property sits along platted Justo Boulevard and is about a quarter of a mile from the Rio Del Oro Loop.  Across the street is a large acreage that was originally designated as a regional center but which may be developed in a different way.  Approximate GPS coordinates 34.7294719 -106.5654626

Unit 48 Block 4 Lot 1

Lot 1 is at the intersection of Sherrod Boulevard and Louis Loop, and is less than a quarter of a mile from the intersection of the Manzano Expressway and Sherrod Boulevard.  Approximate GPS coordinates 34.666717 -106.694304

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.

 

This map shows the locations of Units 2, 7, 15, 40, and 48:

 

 

This plat map shows Unit 2 Block 15 Lot 3 shaded green:

 

 

This plat map shows Unit 7 Block 20 Lot 10 shaded green:

 

 

This plat map shows Unit 15 Block 58 Lot 30 shaded green:

 

 

This plat map shows Unit 40 Block 15 Lot 26 shaded green:

 

 

This plat map shows Unit 48 Block 4 Lot 1 shaded green:

 

 

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