Lot # : 1 - 62 Investment & Recreational Properties

Online Only Auction
62 Investment & Recreational Properties
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Price Realized:
1,500.00 USD
Local Pickup Only
Portales, NM 88130
Date(s)
6/18/2026 - 9/12/2026
Auctioneer Information
Catalog
Exhibit A
Map of all the properties
Title Commitments
Information
Lot # 1
Group - Category Real Estate - Residential
Lead 62 Investment & Recreational Properties
Description
About the Parcels Rio del Oro Subdivision is a very large development consisting of 47,000 acres located between Belen and Los Lunas, east toward the Manzano Mountains. The area really boasts some of the finest unspoilt nature in the US and has all the conveniences of a nearby major city Albuquerque and you can even get there by taking a new commuter solar train running to Belen and even Santa Fe. Rio Del Oro lots can provide a solution for all budgets. The open countryside, with its native grasses, wildflowers and the nearby Manzano Mountains towering over 10,000 feet, provide a picturesque backdrop to the property. The Manzano Mountain Wilderness covers nearly 37,000 acres, encompasses most of the mountain with incredible hiking, cross country skiing and an abundance of wildlife. The main population of the area is along the I-25 corridor and the Rio Grande River. The Rio Communities lie to the east of this main corridor. Utilities: Power, phone, water and sewer currently serve the development primarily in units 46, 55, 57 and exist in whole or part in units 47 through 64, extensions have not been made to this Unit. Current local and state environmental regulations do not allow wells or septic systems to be installed on lots of this size. We believe that this property is best suited for short to long-term investment and/or recreation rather than residence. NOTE: In order to build on these lots, drill a water well, and add septic, you have to have a minimum of .75 acres or 3 contiguous .25 acre lots. If you buy a single .25 acre lot you can only camp (RV, tent, camper, etc.) up to 45 calendar days per year. You can contact the Construction Industries Division of New Mexico (CID) and get an approval for a cabin/no wheels attached with a composting toilet/port-a-potty and a water catchment system if you wish, but it will be up to the CID to approve this.
Name New Mexico Investment Properties Auction
Auctioneer
Burton Realty & Auction
Type Online Only Auction
Date(s) 6/18/2026 - 9/12/2026
Auction Date/Time Info
The auction is completely online and it will close on 9/12/26
Preview Date/Time Please contact Scott Burton at 575-760-8088 or Kaylee Mitchell at 806-443-2784 to see when to preview.
Checkout Date/Time As soon as sale is over.
Location
42703 U.S. 70
Portales, NM 88130
Description
Don't miss this opportunity to purchase a New Mexico investment property at public auction! Whether you're an investor, developer, or looking for your next project, this property offers excellent potential and value. This auction presents a chance to acquire real estate in a competitive market with the transparency and excitement of the auction process. Buyers will have the opportunity to bid on a property with investment potential, making it an ideal addition to any real estate portfolio. We recommend doing your own due diligence before purchasing.
Terms and Conditions – Auction Participation Welcome to our auction. By registering to bid or attending in person or online, you agree to the following Terms and Conditions. Please read them carefully. 1. Buyer Responsibility All items are sold “AS IS, WHERE IS” with no warranties or guarantees expressed or implied. Buyers are responsible for personally inspecting items prior to bidding. Descriptions, photos, and information provided are for reference only and not guaranteed to be accurate. All sales are final. No returns or refunds. 2. Payment Terms Payment must be made in full within the specified timeframe (typically by close of business the next business day). We accept cash, wire transfer, certified funds, or approved checks. Credit card fees may apply. Sales tax applies where required by law unless a valid resale or exemption certificate is provided. 3. Bidding & Registration All bidders must register and be approved before bidding. We reserve the right to refuse any bidder at our discretion. Placing a bid constitutes a binding contract. You are legally obligated to pay for any item for which you are the successful bidder. Auctioneer reserves the right to reject any bid or to withdraw items at any time. 4. Online Bidding Online bidders are subject to internet service and technology risks. We are not responsible for any missed or failed bids due to system delays or outages. Online bidders may be required to provide additional verification for bidding approval. 5. Buyer's Premium & Fees A buyer’s premium may apply to all purchases and will be added to the final bid price. The rate will be announced prior to the auction or listed online. 6. Additional fees, such as online bidding platform fees, may also apply.. 7. Title & Ownership Title to items passes to the buyer once payment is received in full. No item will be released without proof of payment. 8. Disputes & Announcements The auctioneer’s decision is final in the event of a dispute. Announcements made on the day of sale or posted on the online platform supersede all prior printed material or verbal statements. 9. Liability All persons attending the auction do so at their own risk. We are not responsible for any accidents, injuries, or loss of property on or off-site. We are not liable for any consequential or incidental damages resulting from your participation in the auction. 10. Consent By participating in the auction, you agree to receive communications regarding this and future sales. For questions, please contact us prior to bidding. Thank you for participating and good luck!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 975.00 25.00 USD
975.01 - 9,750.00 1,000.00 USD
9,750.01 - 10,000.00 2,500.00 USD
10,000.01 - 97,500.00 2,500.00 USD
Currency USD