0 Camino Ln Canada AveLos Lunas, NM 87031

Property Details for 0 Camino Ln Canada Ave

Lot size

13.82 AC

Property type

Land

Description

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.

Location Insight

City

Los Lunas

County

Valencia

State

New Mexico

Latitude

34.7359

Longitude

-106.673

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