This property has been SOLD!
Price: Another SOLD!
Closing costs: $195 Cash, $295 Terms
Address: Tocado Loop
Legal Description: TIERRA GRANDE Lot: 18 Block: 7 Unit:24
Size: 10.74 AC
Dimensions: 400' wide x 1170' long
Roads: County maintained dirt roads
Utilities: Electricity 1 Lot Away
Taxes and Dues: $78 annually, LOA dues $45 annually
Zoning Info: Rural Residential
People and businesses go to where property is most affordable and today that is New Mexico. People are coming from California, the Pacific northwest and the cold mid-western states for the climate, the easy living and the available NM land.
Look no further for proof than Facebook. Their new $50 million Phase I Data Center in Los Lunas, NM broke ground in Oct. 2016 with 5 additional phases planned to follow. Recently we also met a bank president and his wife who had relocated from California. With the national recovery firmly underway, the time for investing in land for sale in New Mexico is now.
Tierra Grande is a fully platted and engineered community less than an hour south of Albuquerque, New Mexico. It is managed by the Tierra Grande Improvement Association, Inc., a land owners association (LOA), that was created by the Horizon Corp. in 1973 to oversee the covenants and restrictions. No RV’s, mobile, or manufactured homes are allowed, only site built or approved modular homes. For full details click below.
Tierra Grande today is without a doubt a rural environment but with minimum 5 acre parcels there is plenty of elbow room between neighbors. It is also located less than an hours drive from Albuquerque and there is also a Rail Runner train stop in Belen that takes you there in about the same time. Or don’t stop and go all the way to Santa Fe.
At over 5000 feet in elevation, Tierra Grande offers panoramic views of the beautiful southwestern scenery and has an average of 310 days of sunshine a year! The area also offers a mild 4 seasons of the year and wide open expanses that take your breath away which is why hundreds of thousands of acres of this land are protected by the neighboring Cibola National Forest and Sevilleta National Wildlife Refuge.
As you can see in the map above it is about 30 minutes from the property to Belen and even less to Rio Communities. Here are some of the things this area offers:
Nearby conveniences include a Wal-Mart (and a Wal-Mart distribution Center), Senior Center, shopping centers, churches, health care, library, gas stations, grocery stores, the UNM Valencia Campus, and the Resort and Casino in Isleta.
So much is happening in the area but let’s cover some highlights:
- Announced Jan. 2017 Keter Plastics opening new facility south of Rio Communities – 175 jobs.
- Ground broken Dec. 28, 2016 in Los Lunas for central NM Rail Park – 4 to 5,000 new jobs.
- Dec. 2016 ground broken for new $3.2 million 911 Emergency Dispatch Center in Los Lunas.
- New $50 million Phase I Facebook Data Center in Los Lunas broke ground in Oct. 2016 with multiple additional phases already approved.
- Decade long hospital deadlock broken with a new $10 million facility in Los Lunas and a $15 million acute care facility in Belen.
- New $23 million Niagara Water bottling plant in Los Lunas.
- New $65 million UNM main campus Physics & Astronomy building in Albuquerque.
Tierra Grande land owners, one of which could easily be you, also own over 14,000 acres of pristine Open Space (mountain property) including the Abo Arroyo/Canyon and Black Butte. These lands are being conserved for your use with much of the acreage bordering the majestic Manzano Mountains. The Manzanos provide beautiful trails and canyons for exploring, horseback riding, hiking and backpacking (no hunting or trapping though).
Don’t discount the Facebook ‘effect.’ As of early 2018 they are already moving forward with Phase II of construction. Large data centers tend to create a ‘follow the leader’ effect. Greater Kudu (Facebook’s code name) wrote in its industrial revenue bond application, “Once one large data center project locates in an area, others follow shortly thereafter (and so do their vendors).” This all bodes very well for the local economy.
As you can see from the maps, the property is easily accessed from Hwy. 47, Rio Communities Blvd., that takes you right up into Belen. It is also far enough from the foothills of the Manzano mountains to be flat and build-able. The best of both worlds.
As mentioned, the minimum lot size in Tierra Grande is 5 acres which gives you the opportunity with this property to sub-divide it into 2 parcels. You could then sell one and probably pay for the one you keep. Or for you land barons out there, keep it all for yourself. It’s nearly half a million square feet.
View near property towards mountains
The other real beauty of this property is that it has electricity only one lot away, courtesy of a neighbor just a little further away. This is a huge plus that normally explodes the value of properties in Tierra Grande and our price and sensible terms will give you instant equity. However, if you need more, we also have a 12.78 acre parcel nearby with electricity right in front.
Recent, sold comps for properties in Tierra Grande show that acreage near power, similar to this one, typically sell for over $800 into the $1,000’s per acre. Properties with electricity in Unit 13, the most popular unit close to the hwy., are selling for near $1,000 to $1,500 an acre and more. For example, here are some listings for sale as of July. 2019, all with electricity:
Unit 13, 11.32 acres – $972 per acre
Unit 13, 10.28 acres – $1,557 per acre
Unit 14, 12.60 acres – $2,000 per acre
Unit 23, 12.12 acres – $2,063 per acre
The 10.74 acre property we offer for $651/ac. has good, county maintained access to the same highway, is flat and build-able and is very near electricity. Plus, because of its size, it also has the ability to be sub-divided allowing a buyer to sell a min. 5 acre parcel to pretty much help pay for itself.
This option alone creates exceptional value and makes this property well worth the price. And with our favorable terms, we help everyone to be able to afford this property.
Our Suggested Terms Are . . .
$495 down / approx. $212 mo. / 3 years Customize!
$995 down / approx. $277 mo. / 2 years, New!
plus a $295 one time, non-refundable doc prep fee.
plus a monthly $15.00 loan service fee, property tax escrow, and HOA dues.
To put a hold on this property, all you need to do is pay the $295 one time, non-refundable doc prep fee, sign the simple agreements and nothing more for 30 days.
Down payment is not even due for 30 days! Cancel Anytime.
What have you got to lose? Or gain?
♥ Now Only $6,995.00 ♥
plus a $195 one time, non-refundable doc prep fee and 10% discount for cash. If Buyer desires a title closing, the 10% discount and this fee can be applied towards closing costs otherwise paid for by Buyer.
Call or email us with any questions or to buy.
Our contact information is at the top of the page.
Our real estate is mostly for sale by owner – us!