3931 Anderson Farm Drive SW Albuquerque, NM $ 10,990,000
3931 Anderson Farm Drive SW
$ 10,990,000
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3931 Anderson Farm Drive SW

Albuquerque, NM, 87105
$ 10,990,000
Baths0.0

Monthly Estimate*

$ 67,667

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Studio

Lots and Land for sale in Albuquerque, NM

for $10,990,000. The lot size is 158.

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.

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Lots and Land Active

Price

$ 10,990,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,147

Style

Lot Size

158

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1100355

Features
General
Sewer Public Sewer
Utilities See Remarks
Possession See Agent
Topography Level Other SeeRemarks
Township n/a
Current Use Agricultural Commercial Other
County Bernalillo
Property Type Land
Subdivision Name n/a
Possible Use Agricultural Commercial Other
Status Active
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.
High School Rio Grande
City Albuquerque
Disclosures RANM 2100 Disclosure
Zoning Description MX-FB-FX*
MLS Area 91 - Valley Farms
Lot Size Square Feet 6882480
Listing Terms Cash Conventional
Elementary School Navajo (y)
Tax Annual Amount 1147
Middle/Junior High School Harrison
Standard Status Active
Tax Lot n/a
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Exterior
Lot Features Other See Remarks Views
Water Source Public
Lot Size Acres 158
Lot Size Source Public Records
Number of Lots 4
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* Excluded Features
List By
James Vidamour

Listing Agent

Fay Ranches, Inc

Broker

jvidamour@fayranches.com

Email

Affordability Calculator

$67,763
Per Month
100%
0%
0%
Monthly Principal & Interest
$67,667
Monthly Property Taxes
$96
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3039021 Elementary School
3039032 Middle School
Rio Grande High School High School
Pricing History
DatePricePrice ChangeDescription
3/22/2026$10,990,000 Listed Price

Map


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3931 Anderson Farm Drive SW, Albuquerque, NM, 87105 is a Lots and Land for sale at $10,990,000 with a lot size of 158. 3931 Anderson Farm Drive SW is a studio with 0.0 baths. The property's zip code is 87105 which is in Albuquerque, NM