Catylist Listing ID: 30437736
Property Subtypes: Residential (Single Family)
Gross Land Area: 10.18 Acres
Sale Price: $1,250,000
Unit Price: $122,789 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/5/2019

Overview / Comments

DEVELOPER OPPORTUNITY! A 49 lot subdivision ready to build. All utilities in, level building pads, with average lot size of .21 acres .Gently sloping property with sweeping views to the west. At $25,510 per lot, it's perfect for entry level housing.
Located just 10 minutes from I-25, 7 Miles to Facebook and 15 miles to the new Netflix Studios.
Seller financing is a possibility. So is subordination. Joint Ventures considered.
Phased Take-down is possible.
Next to D R Horton "Express" Development in a growing area of Los Lunas.

Additional Details

Nearest MSA: Albuquerque
County: Valencia
Taxing Authority: Valencia county
Zoning: R-1
Property Located Between: Meadowlake and Cypress Gardens
Property Visibility: Good
Legal Description: To be provided
Largest Nearby Street: Meadowlake
Highway Access: Ten minutes to I-25
Airports: Sunport is 15 miles away
Site Description: Gently sloping property with level building pads, good streets and all utilities to each lot.
Area Description: Growing area of site-built single family homes
Development Name: Luna Vista SubDivision
Topography: Gently Sloping
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,099 15,267 31,285
Median Age: 30.84 36.54 38.04
Households: 696 5,258 11,161

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