Mixed Use Property

Rio Grande Estates is an underdeveloped subdivision in Socorro County, New Mexico. This property is Rio Grande Estates, Unit 15, Block 1011, Lot 20. Lot 20 is a fantastic property. It is large, approximately 0.7 acre. It is conveniently about 200 yards from Highway 60. Interstate Highway 25 and Highway 47 are also just a few minutes away. Lot 20 was originally laid out as a commercial lot, as indicated by the four digit block number. Highway 60 goes to the east past Amarillo, Texas. On its way through New Mexico it goes through Socorro, Datil, Encino, and Clovis. To the west it goes to and past Phoenix, Arizona. There is no zoning in Socorro County. You are not limited to commercial uses for your property. This is virtually unrestricted land. You can build your dream residence, or you can just RV or camp on your property indefinitely while you hold it for investment. There are no subdivision restrictions, you just have county and state regulations. There are no Property Owners Association (POA) or Home Owners Association (HOA). The mountain views are fantastic. You will be close to Los Lunas and Belen, and can ride on the passenger rail system for trips to Albuquerque and Santa Fe. Utilities have not been run to this property. Power is only about 175 yards away. You can check into having power run to the property, or choose solar. You will probably want to talk with a water well driller or consult the New Mexico Office Of The State Engineer. Everyone qualifies for the same financing. We do not run credit checks. With an initial payment of $294 we will finance the balance for as little as $120.21 per month for nine years. Or you can buy the property outright instead of financing, and receive a 10% cash discount. For more information or to purchase, please click on the Property Website link below, which is under Resources. Mixed use property for sale, New Mexico land for sale, owner financed land, residential land for sale, off grid land, undeveloped land for sale, rural land for sale, commercial property for sale, homestead for sale.