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3931 Anderson Farm Drive Sw, Albuquerque, NM 87105

$10,990,000
  • 3931 Anderson Farm Drive Sw, Albuquerque, NM 87105 Main Photo

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New to the Market Active
LOT SIZE 158.000 acres MLS#1100355
STATUSActive PROPERTY TYPELand - Commercial

Property Description

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.

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 www.cblegacy.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 158.00 Acres
Taxes: $1,147

Feature Descriptions

Days on Site: 5
Lot: Other, See Remarks, Views
Parcel#: 101105310519830217
Sewer: Public Sewer
Topography: Level, Other, SeeRemarks
Utilities: See Remarks
Water: Public
Zoning: MX-FB-FX*

Local Schools

High School: Rio Grande
Middle School: Harrison
Elementary School: Navajo (y)

Listed By / Shown By

Listed By

Agency Name: Fay Ranches, Inc
Agency Phone: (719) 890-4530

Shown By

Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 828-1000

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Estimate Your Payment

Estimated Payment

$ 27,759.98 per month $24,458.98 Principal & Interest $95.58 Property Tax $3,205.42 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Top REALTORS® in this Area

Agent Photo
Casey Landis From our very first call, Casey Landis impressed us with his in- depth market knowledge and sincere interest in our family's unique needs and timeline. At our first meeting, he presented a thorough market analysis and a well-crafted strategy that clearly stood out from other agents. Relocating across the country complicated our situation, but Casey went above and beyond by managing details, connecting us with trusted resources, and ensuring our home stayed show-ready and secure. His steady communication, expert guidance, and dedication helped ease our stress and resulted in a successful sale that met all our goals. We wholeheartedly recommend Casey to anyone seeking a knowledgeable, trustworthy, and committed realtor.— Gregory Howell

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