Alfalfa Farm With Residential
For Sale
$10,990,000
3931 Anderson Farm Dr. SW, Albuquerque, NM 87105
Land, Albuquerque, NM
Property SizeContact for details
Lot Size158.00 Acres
Days on Market780
Property Features for 3931 Anderson Farm Dr. SW
General Information
Property type
Land
Property subtype
Other
Zoning description
Agricultural
Lot features
Views
Elementary school
Bernalillo Elementary
Middle school
Bernalillo Middle School
High school
Albuquerque High
Directions
The Old Tobacco Farm is located in the Valley Farms area of Albuquerque, south of the city center, south of I-40, and West of I-25 near the intersection of two major thoroughfares, Coors Boulevard and Rio Bravo. Santa Fe, New Mexico, is an hour's drive to the north via I-25. In Albuquerque, from the intersection of Rio Bravo and Coors Boulevard, go south on Coors to LasEstancias Drive SW, turn east, and proceed a couple of h undred yards to the property gate.
Standard status
Active
APN
1-011-053-105198-3-02-17
Lot size
158.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Extensive Legal Description
Tax Annual Amount
1147
Legal Description
Extensive Legal Description
Listing Agency:
Fay Ranches, Inc.
(719) 890-4590
Listed By:
James Vidamour · License #20211
(710) 890-4590
Added: Aug 26, 2024
Changed: Sep 6
Last Checked: Oct 14 at 5:06AM
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.
Investment Insights
Based on property information with market context.
This 158-acre agricultural property at 3931 Anderson Farm Dr. SW includes an operating alfalfa hay farm and an approved Bernalillo County Sector Plan allowing 450 residential housing units. The plan also requires 23 acres to be donated to the County for open space. The property has previously supported tobacco production and other agricultural uses.
Located in Albuquerque’s Valley Farms area near Coors Blvd and Rio Bravo, the farm is adjacent to a Walmart Supercenter, theatre complex, and senior living facility. The offering can be purchased in multiple configurations, including a separate designated 40-acre parcel, the parcel west of the Arenal with the county-approved development plan, or 23 acres east of the Arenal separately.
Located in Albuquerque’s Valley Farms area near Coors Blvd and Rio Bravo, the farm is adjacent to a Walmart Supercenter, theatre complex, and senior living facility. The offering can be purchased in multiple configurations, including a separate designated 40-acre parcel, the parcel west of the Arenal with the county-approved development plan, or 23 acres east of the Arenal separately.
Key Highlights
- 158‑acre alfalfa hay farm in Albuquerque’s Valley Farms area
- Approved Bernalillo County Sector Plan allows 450 residential housing units
- 23 acres designated for County open‑space donation under the Sector Plan
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 87105, NM
54,151
Population
20,263
Households
2.7
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
40.2 sq mi
ZIP Area
1,347
Density / Sq Mi
$49,928
Median Household Income
$32,490
Median Earnings
$972
Median Rent
$200,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Large agricultural property with an approved county sector plan supporting residential development and ongoing hay-farm operations.
Where is this agricultural land / farmland 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: 158‑acre alfalfa hay farm in Albuquerque’s Valley Farms area; Approved Bernalillo County Sector Plan allows 450 residential housing units; 23 acres designated for County open‑space donation under the Sector Plan
