Rio Del Oro in New Mexico
Unit 48 Block 33 Lots 40,41,42 0.75 +/- acres
These three great adjoining lots are west of the Manzano Highway, nearer Belen. They are less than 300 yards from the intersection of Sherrod Boulevard and De Haan Loop. Sherrod Boulevard connects Highway 47 to the Manzano Expressway.
To the south is the Chamesa development, to the southwest are the Rio Communities, and north of those is the La Merced Elementary School.
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 you can still buy these now while they are still cheap land. Prices will inevitably go up.
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.
You can use these properties for occasional camping and RVing while holding them for investment. Or you can combine them into a single property and apply for a building permit. Utilities have not yet been run into this area, for now it is off grid.
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.
Click here to see these great properties in Google Maps!
The approximate GPS coordinates for the corners of this group of lots:
34.671206 -106.704927
34.670743 -106.704986
34.670687 -106.705072
34.670771 -106.705802
34.670847 -106.705882
34.671006 -106.705862
34.670954 -106.705414
34.671257 -106.705374
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.
| Additional Notes | Investor |