Rio Rico, AZ 85648 - Santa Cruz County

This is a rare opportunity to own property in one of the most desirable locations in Southern Arizona. Located in the community of Rio Rico Ranchettes this lot will make for a beautiful homesite and will not last long. The subdivision has an array of homes sporadically built through out and is in a booming area. With road access and electricity this property provides an excellent short to long-term investment in an area that has all of the conveniences of an urban development and just minutes off Interstate 19. Rio Rico is just 10 Miles North of the Border of Mexico and 55 miles South of Tucson. Situated at the foot of the 6500 foot San Cayetano mountain with the constant Santa Cruz River flowing through it Rio Rico is an oasis in the desert. Santa Cruz County is surrounded by the Coronado National Forest so you can enjoy the beauty of nature while still having access to a small community. Rio Rico is a popular retirement destination known for the golf courses, Beautiful weather, and Tranquility. Outdoor enthusiasts will love the close proximity to locations for camping, hiking, fishing and all the convenience of local shops, Parks, restaurants, healthcare facilities and more. Moreover, traveling from Santa Cruz's mountain desert setting to Mexicos Sea of Cortez opens an even wider variety of recreational experiences including its expansive beaches, boating of all kinds, whale watching, and even deep sea fishing all within easy driving distance. Southern Arizona is one of the fastest growing areas in the Western United States, and boasts a low cost of living and a readily available workforce. The charming smaller communities hold a wealth of possibilities for every type of business as well as every type of person. Located along a major growth corridor between Nogales and Tucson this is an up and coming area where businesses and jobs are plentiful and primed for growth! House sales are down but Land sales are up while investors are scooping up land for the next Real Estate boom while they can buy low. Included in the photos are some Comps in the area. Land values will only increase!!!

PRICE- $7,895.00

MONTHLY PAYMENT- $129.00 per month with 0% interest for 18 months

DOWN PAYMENT- 5% down= $394.75

APN# 129-08-060

Property Address: 1175 Paseo Matamoros Rio Rico, AZ

LEGAL DESCRIPTION: Rio Rico Ranchettes Unit 14 Lot 60 Block 678

APN# 129-08-060

SIZE: 1.27 Acres (55,321Sq Ft)

STATE: Arizona

COUNTY: Santa Cruz County

GENERAL LOCATION: Rio Rico AZ Just outside Nogales

GPS: 31.462084,-110.918220

ZONING: rural residential-subdivided

ELEVATION: 3,826 ft

POWER: Yes

WATER: On street

ROADS: Graded Dirt Road (Maintained)

TAXES: About $60 /year. Taxes are current

TIME LIMIT TO BUILD: None

Title- Conveyed by Special Warranty Deed.

HOA/POA Fees: 45 Per year

TERRAIN:Flat to rolling with beautiful views.