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Strip Mall Lots Near Albuquerque

Los Lunas, NM 87031

Valencia County, New Mexico

1.25 Acres
$14,975 USD
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Property Description

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.

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.

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.

With an initial payment of $294 ($99 down payment + $195 document fee) we can finance the balance for as little as $177.93 per month over 11 years. We do not run credit checks, everyone qualifies for financing. Or you can choose to buy them outright instead of financing, and receive a 10% cash discount.

For more information or to purchase, please click on the green Land Website button below.

Property Maps & Attachments

More Property Details

Owner Will Finance
Mixed Use Zoning
Flat Terrain
Deeded Easement Access
Property Keywords
Estimated Annual Taxes
$45
Assessor Parcel Number (APN)
1018032310300000030
Seller's Property ID
1057
COMMERCIALFLIP ID
365400
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