Rio Del Oro in New Mexico
Unit 18, Block 42, Lots 23,24 0.59 +/- acres
if you are one of the many people becoming excited at the activity in the Los Lunas and Belen area lately, you might want to grab up these properties as an investment stocking stuffer. Property for sale in this area has been getting investor interest, and this is one that you can buy now at what is still a reasonable price.
Lots 23 and 24 are adjoining properties on platted Quigley Avenue. Lot 23 is approximately 0.26 acre, and Lot 24 is approximately 0.33 acre.
They are about 0.4 mile south of the El Cerro development, and about 0.5 mile north of Valencia High School. Rio Del Oro Loop, the main road through the subdivision, is 106 yards away. Bonita Vista Boulevard is 257 yards away. Power is now about 282 yards away, at the intersection of those two roads at the corner of a solar array. The Manzano Expressway is about a 1.5 mile drive away.
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. In February 2025 YourCheapLand prepared a summary of recent business activity. You can read it here.
NOTE FOR INVESTORS: We have no special or insider knowledge of the area. However In our listings we have added "Investor" next to properties that we think might be of particular interest to people who are excited about area growth and looking for investment. The properties that we tag with "investor" are in areas near existing development and/or in areas where we have been seeing interest from land investors. However we are not financial consultants, you must do your own due diligence.
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The approximate GPS coordinates of the property's corners:
34.745192 -106.649381
34.745158 -106.649789
34.744797 -106.649722
34.744889 -106.648917
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 |
| Additional Notes | Investor |