158-Acre Albuquerque Land
3931 Anderson Farm Dr. SW, Albuquerque, NM 87105
- Added:
- Aug 26, 2024
- Days on Market:
- 635
- Last Refresh:
- May 22 at 3:06 pm
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
- Tax Year
- 2025
- Tax Description
- Extensive Legal Description
- Tax Annual Amount
- 1147
Listing agent James Vidamour License #20211 (710) 890-4590
Listing office Fay Ranches, Inc. 5633 State Hwy 12, La Veta, NM (719) 890-4590
Listing date Aug 26, 2024
MLS# 202403616
Listing URL
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.
HighLights
- 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.
- Development Path: Located in the path of Albuquerque's increasing urbanization, endorsed by Bernalillo County for residential development.
- Flexible Options: Can be a ready‑to‑go residential project, a land bank opportunity, or an ongoing hay farm operation.
- Divisible Purchase: Opportunity to purchase in several configurations including a 40 acre parcel, the parcel west of Arenal, or 23 acres east of Arenal.
Overview
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
Location Intelligence
Current Use by Public Records
Residential land & home ...
Map
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.7075435
- Latitude
- 35.020331
Nearby Similar for Sale
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.
