For Sale
$546,000

Camino Ln Canada Ave Los Lunas, NM 87031

13.82 Acres, 52 Residential Lots

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 13.82-acre parcel in Rio Communities North, New Mexico, presents a remarkable investment opportunity. Located on Camino La Canada Ave, zip code 87031, this property is zoned R1 and boasts a compelling price point of $546,000, translating to $39,508 per acre. The land is ideally situated in a rapidly expanding area of Valencia County. A significant advantage is that the property already features 52 residential lots, all fully platted and approved, eliminating extensive pre-development hurdles. This significantly reduces time and costs associated with bringing the land to market-ready status. Buyers can immediately begin developing the lots, capitalizing on the high demand for residential properties in this burgeoning community. The location offers easy access to local amenities and benefits from the growth trajectory of Valencia County. This turnkey development opportunity is perfect for builders, investors, or anyone seeking to capitalize on the strong real estate market in this desirable New Mexico location. The property's coordinates are 34.7359444 latitude and -106.6728557 longitude. This is a rare chance to acquire a substantial, fully permitted residential land holding in a high-growth area.

Highlights

  • $546,000 asking price for 13.82 acres of land.
  • Residential land zoned R1.
  • Located in Rio Communities North, Los Lunas, NM 87031, Valencia County.
  • $39,508 per acre land value.
  • 52 residential lots already platted and approved, ready for development.

Property Details for 0 Camino Ln Canada Ave

Property type
Land
Lot Size (sq. ft)
601,999 SF

Location Insight

City
Los Lunas
County
Valencia
State
New Mexico
Latitude
34.7359444
Longitude
-106.6728557

FAQs

What type of property is this?
Land - 13.82 Acres, 52 Residential Lots
Where is the land located?
The property is located at Camino Ln Canada Ave Los Lunas, NM.
What is the asking price?
The asking price for this property is $546,000.
What are key features of this property?
This property features: $546,000 asking price for 13.82 acres of land.; Residential land zoned R1.; Located in Rio Communities North, Los Lunas, NM 87031, Valencia County.
How can I contact the broker?
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0 Camino Ln Canada Ave
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