New Mexico Land for Sale south of Albuquerque
Owner Financing Available! (see details below)
This partially fenced and gated lot in Peralta offers utilities and easily buildable terrain w/no floodplain! Enjoy big city shopping and conveniences without the big city hassle.
- Power & Sewer
- Partially Fenced & Gated
- Very Buildable: Flat, Clear, No Floodplain or Wetlands
- Mobile Homes OK
- Paved Road Frontage
- Surveyed
- Only 10 mins to Major Shopping
- Priced about 19% Below Market
PROPERTY: This 0.62-acre lot in Peralta offers flat, cleared, and easily buildable terrain with no floodplain or wetlands, making it perfect for residential or recreational use. The property is partially fenced, gated, and boasts 150 feet of paved public road frontage on La Ladera Rd, with power and wastewater available at the road. A well can be installed for water – never receive a bill from the water company. With no deed restrictions and flexible RN zoning, mobile homes are welcome, and even agriculture, small business, and other commercial uses are possible. Professionally surveyed and free of back taxes or liens, this peaceful and safe neighborhood enjoys low annual taxes of just $142.17 and offers quick access to parks, the Rio Grande, Whitfield Wildlife Conservation Area, Cibola National Forest, and other outdoor destinations. Only 10 minutes from major shopping in Los Lunas and less than 30 minutes from Albuquerque, this lot combines rural charm with big-city convenience, all at a price well below market value.
Call or text Scott directly at 314.639.9777 or email info@acretown.com if you have any questions or would like to make an offer. If you’re a Spanish speaker, please ask for Andy on our team and he’ll be glad to help you. We’ve posted a lot of info below – including critical instructions for visiting the property – so please keep reading!
Best Deal in the Market – Check Zillow or Redfin and You’ll Agree!
After opening this map, you may see even more information about the area by clicking on Map Legend, then Overlays.
- ADDRESS (street # estimated – do not use for navigation): 132 La Ladera Rd, Peralta, NM 87042
- SIZE: 0.62 acres
- GPS COORDINATES: 34.816249, -106.670739
- PARCEL #: 1-013-039-137-158-000000
- ABRIDGED LEGAL DESCRIPTION: Tract: Unnumbered S: 19 T: 7 N R: 3 E 0.62 Acre Un Pedaso De Terreno Situado En El Condado De Valencia Estado De Nuevo Meico Y Una Casa D E Tres Piesas Ditcha Casa Sit En El Precinto No 11 N 60 Yds Con Terreno De Teodoro Martinez W 50 Yds Conlinda Con Un
- FULL LEGAL DESCRIPTION: view here
- PLAT MAP/SURVEY: view here (get County’s boundary/KML file here – opens in Google Earth)
- TITLE: General Warranty deed (clean – no back taxes, no liens)
- MINERAL RIGHTS: any mineral rights we own will convey to buyer (we have no knowledge of severance of mineral rights by a previous owner)
- DIMENSIONS (approximate): 150′ (along street) x 180′
- FLOODPLAIN: none
- WETLANDS: none
- ELEVATION: 4888 feet
- TERRAIN: generally flat
- CONDITION: clear, partially fenced, gated
- ACCESS: 150 feet of direct frontage on La Ladera Rd, a paved public road
- POWER: available along road frontage (P & M Electric: 804-639-1280)
- WATER: well would need to be installed
- WASTEWATER: available along road frontage (Town of Peralta: 505-869-2050)
- TAXES: $142.17 in 2024
- HOA: none
- DEED RESTRICTIONS: none
- RESTRICTIONS/ZONING: RN – Residential Neighborhood
- mobile homes OK
- other permissable uses: agriculture, yard sales
- other possible uses: medical clinic, laundromat, personal professional services (barber, therapy, etc)
- setbacks: 30′ from front, 10′ from side, 10′ from rear
- SCHOOL DISTRICTS: Peralta (Elementary) – Valencia (Middle School) – Valencia (High School)
- NEAREST CITIES: Peralta < Los Lunas < Albuquerque
- NEAREST AIRPORT: Albuquerque International (26 mins)
- COUNTY GOVERNMENT:
- Assessor (505) 866-2065
- Treasurer (505) 866-2090
- Clerk/Recorder (505) 866-2073
- Town of Peralta Planning & Zoning (505) 869-2050
- County GIS
coming soon . . .
You can go view the property at your convenience – owner does not need to accompany. Please call/text us to let us know you’re heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. We’d appreciate a couple hours notice if possible. In case you lose cell phone service, it may be helpful to print off as many helpful documents as you can before you head out there.
DRIVING DIRECTIONS: Click HERE to open the destination in Google Maps, and simply enter your starting point to get step-by-step directions.
- From this link, you can press “Directions” (on the left), enter your starting point, and Google Maps will provide you with step-by-step directions.
- You can also click “Send to Phone” if you’re viewing this on your computer
- And “Save” to download the directions so they’ll still work if you lose cell service.
If for some reason you’re having trouble with that link, you can navigate to GPS coordinates: 34.816249, -106.670739
WALKING THE PROPERTY LINES w/YOUR PHONE: We highly recommend downloading Google Earth to your phone if you don’t already have it. Then . . .
- Download the property boundary file (called a KML or KMZ file) here. You may be prompted to click “download” one more time, so do that . . . OR you may be prompted to immediately open the file with Google Earth and, in that case, do that and ignore the remaining steps. Otherwise . . .
- Open Google Earth
- Go to the main menu (the three horizontal lines at the top left of the screen), then Projects > Open > Import KML file > select the KML file you just downloaded (it should show up on that screen).
Now you should be able to see the property lines on the map, and the green dot represents where you’re currently standing. This is a very important tool to learn BEFORE you head out there. Please call us if you have any questions about it.
Perfectly positioned to offer abundant recreation and daily conveniences, this area boasts quick access to several inviting outdoor attractions. Just minutes away, Heritage Park provides playgrounds, picnic spots, and pleasant walking trails ideal for family outings, while Riverside Park offers a similar, pleasant venue on the banks of the storied Rio Grande River. Outdoor enthusiasts will appreciate the scenic trails and breathtaking views at El Cerro de Los Lunas Trailhead, perfect for hikers looking for a rewarding climb. Nature lovers should not miss Whitfield Wildlife Conservation Area, a peaceful sanctuary where bird-watchers and photographers alike gather to observe local wildlife in their natural habitats. Essential amenities, including Walmart and grocery stores such as Smith’s and Albertsons Market, can be found conveniently in nearby Los Lunas. For expanded dining, shopping, cultural experiences, or a taste of city excitement, Albuquerque, the largest city in New Mexico, awaits a short drive away.
NEARBY – Heritage Park (7 mins), Riverside Park (9 mins), San Antonio Park (12 mins), Meadow Lake Parks Area Association (15 mins), Whitfield Wildlife Conservation Area (18 mins), El Cerro de Los Lunas Trailhead (20 mins), Duck Pond (28 mins), Petroglyph National Monument (36 mins), Cibola National Forest (38 mins), and more!
LOS LUNAS (10 mins, nearest Walmart & major shopping)
- RETAIL – Walmart, Home Depot, Harbor Freight, Lowe’s, Dollar Tree, Dollar General, Family Dollar, Super Dollar, Smith’s, Albertsons Market, and more!
- RESTAURANTS – McDonalds, Wendy’s, Carl’s Jr, Arby’s, Burger King, Sonic Drive-in, Taco Bell, and many more!
- MEDICAL SERVICES? Yes, New Mexico Premier Health, Duke City Primary Care, First Choice Community Healthcare, Bella Vida Health Care Clinic and Medi-Spa, and more.
- RECREATIONAL – Heritage Park, Riverside Park, San Antonio Park, Meadow Lake Parks Area Association, Whitfield Wildlife Conservation Area, El Cerro de Los Lunas Trailhead, Duck Pond, Petroglyph National Monument, Cibola National Forest, and more!
ALBUQUERQUE (28 mins, largest city in New Mexico)
OWNER FINANCING: We do offer owner financing under the following terms:
- Owner Financed Price = $87,800
- Down Payment = $18,000
- Monthly Payment = $1284.23
- Term = 8 years (96 months)
- Interest Rate = 10.9%
- No Pre-Payoff Penalty!
We have a two-week waiting period after the posting of our original MLS listing before we open up the owner-financing option. Also, if you would like to make a larger down payment in exchange for a slightly lower interest rate and/or fewer payments, we can certainly accomodate that, so just let us know! If you’d like to buy this property via owner financing, call or text Scott directly at 314.639.9777 or email him at info@acretown.com and we’ll get you set up!
OUTSIDE FINANCING: Your best deal for third-party financing will come from AgTrust Farm Credit, Rural 1st, or E-Construction Loans, and their details are below:
AgTrust Farm Credit is one of the best local land lenders in the area for rural properties and they require as little as 15% down up to a 30-year term, with interest rates as low as 9%, with no pre-payoff penalties. Feel free to contact them by phone at (505) 600-2543 for more information, or feel free to visit their nearest office at: 6400 Jefferson St. NE, Albuquerque, NM 87109.
Rural 1st is America’s leading land lender for rural properties and they require as little as 15% down on a 10 or 15-year fixed land loan, with no PMI, and they prefer a credit score of 720 or better. Please contact Michael Wirth by phone or email at (502) 553-8152 or michael.wirth@rural1st.com. They do serve New Mexico.
E-Construction Loans, Tim Jarvis, timjarvis@sbcglobal.net, (408) 238-4606: Tim is a land lender and offers loans at 10% down, 25-year amortization and a balloon payment in 10 years. Please contact him for all the details. They do serve New Mexico.
Call or text Scott directly at 314.639.9777 or email at info@acretown.com if you’d like to discuss an offer. If you’re a Spanish speaker, please ask for Andy on our team and he’ll be glad to help you.
FOR SALE BY OWNER: We are investors, and are selling this lot For Sale By Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a realtor, then you’re welcome to have them contact us on your behalf. We do offer 2.5% commission to buyer agents.
WHY ARE YOU SELLING IT SO CHEAP? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and that’s our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quickly . . . and more of it! In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).
DISCLAIMER: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyer’s responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, buildability, and approved/allowable useage for the property. We are happy to help however we can.