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3931 Anderson Farm Dr. SW Albuquerque, NM 87105

View on Map
For Sale
$10,990,000

LAND - Albuquerque, NM

Lot size:
158.00 Acres
Added:
Aug 26, 2024
Days on Market:
584
Last Refresh:
Apr 1 at 5:06 am

Property Features for 3931 Anderson Farm Dr. SW

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
1-011-053-105198-3-02-17
Lot size
158.00 Acres

Taxes and HOA fees

TaxYear
2025
TaxDescription
Extensive Legal Description
TaxAnnualAmount
1147

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Listing Contact
James Vidamour

Listing agent James Vidamour License #20211

Listing office Fay Ranches, Inc. 5633 State Hwy 12, La Veta, NM

Listing date Aug 26, 2024

MLS# 202403616

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

158-Acre Albuquerque Land Opportunity

Located in the northern part of Albuquerque's Valley Farms area, the 158-acre property known as the Old Tobacco Farm presents a versatile opportunity. The property has an approved Bernalillo County Sector Plan allowing for 450 residential housing units, with a requirement to donate 23 acres to the County for open space. Depending on the buyer's objectives, the property can serve as a ready-to-go residential development project, a land bank opportunity, or an ongoing hay farm operation. The location is positioned in the path of development and urbanization as Albuquerque's density increases. Bernalillo County has endorsed a residential project at this location. Situated off Coors Blvd near the intersection with Rio Bravo, the property is adjacent to a new Walmart Supercenter, theatre complex, and senior living facility. The Old Tobacco Farm was previously a tobacco farm and has since been used for other agricultural purposes, and is currently a productive alfalfa hay farm. The farm has been under the same family's ownership for generations and is now offered for sale. The property can be purchased in different configurations, including a designated 40-acre parcel, the entire parcel west of the Arenal with a county-approved development plan, or 23 acres east of the Arenal separately.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Map

City
Albuquerque
County
Sandoval
State
New Mexico
Longitude
-106.7075435
Latitude
35.020331

FAQs

What type of property is this?
Residential land & home lot - Large Albuquerque land parcel approved for residential development or continued farming.
Where is this residential land & home lot located?
The property is located at 3931 Anderson Farm Dr. SW Albuquerque, NM.
What is the asking price?
The asking price for this property is $10,990,000.
What are key features of this property?
This property features: Approved Sector Plan: Permits 450 residential units, offering immediate development potential.; Prime Location: Situated off Coors Blvd near Rio Bravo, adjacent to a Walmart Supercenter, theatre complex, and senior living facility.; Large Acreage: Substantial 158‑acre property, unique for its size within Albuquerque's Valley Farms area.
More about this property
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