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Rio Communities Development Opportunity

1812 US HWY 47 Belen, NM 87002

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Overview

Rare chance to own land in the path of growth! Great opportunity to purchase 28 acres in the heart of Rio Communities, adjacent to residential developments and the Tierra Del Sol Golf Club. All utilities nearby, relatively level land, flexible zoning and very competitive pricing will make this opportunity move quickly. Currently zoned PD - planned development. The previous plan of assisted living community (138 independent living units, 61 assisted living units, and a 52-room skilled care facility) was heard by the county, supported but never pursued by current ownership. This would be a great site for a mixed use developments or residential mixed with light commercial. There is a significant demand for housing, retail, grocery, services, etc. Motivated seller - priced below recent appraisal. Please call broker for more information.

For Sale

Land

Secondary Uses: Residential Development

Sale Price
$445,000
Acres
28.0083 ac
In Opportunity Zone
Yes
County
Valencia
Created
2023-01-24
Updated
2024-11-07
Listing ID
7579ca65
Parcel APN
R218223

Contact Broker