The 158-acre Old Tobacco Farm offers a rare, large-scale development opportunity in northern Albuquerque's Valley Farms area. Following a multi-year planning process, the property features a Bernalillo County-approved Sector Plan allowing for up to 450 residential units, with 23 acres designated for open space. Ideally located off Coors Blvd near Rio Bravo and adjacent to major retail, entertainment, and senior living amenities, the property sits directly in the path of urban growth. Currently operating as a productive alfalfa farm, it presents flexible potential as a ready-to-develop project, long-term land hold, or continued agricultural use. Held by the same family for generations, this is a premier infill opportunity with multiple purchase configurations available.
Listed By
Agency Name: Fay Ranches, Inc
Agency Phone: (719) 890-4530
Shown By
Agent Name: Randy Arnn
Agent Phone: (505) 480-2555
Agency Title: Coldwell Banker Legacy
Estimated Payment
$ 27,759.98 per month $24,458.98 Principal & Interest $95.58 Property Tax $3,205.42 Homeowner's Insurance
3931 Anderson Farm Drive Sw | MLS# 1100355
This land located at 3931 Anderson Farm Drive Sw, Albuquerque, NM 87105 is currently listed for sale with an asking price of $10,990,000. The property has approximately 158.00 Acres. Search Albuquerque real estate on rarnn.cblegacy.com today.