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3931 Anderson Farm Drive

Albuquerque, NM 87105
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Acres158

Acres(Lot)

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.

Detail Ic Property Details

Property Type : Land

Price : $10,990,000

AD Id : 76334083

MLS Id : 1100355

Lot Size : 158 Acres(Lot)

County : Bernalillo

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Feature Features

  • Lot Information

    Lot Size Acres: 158 Lot Size Source: Public Records Lot Size Square Feet: 6882480 Lot Description: Level, Other, See Remarks, Views

    Property Information

    Subdivision: n/a Source Property Type: Land Zoning Description: MX-FB-FX*

  • Listing Price Information

    Listing Price: $10990000 Cash, Conventional

  • Tax Information

    Parcel Number: 101105310519830217 Tax Lot: n/a Tax Block: n/a Annual Tax: $1147

  • School Information

    Elementary School: Navajo (y)
    Junior High School: Harrison
    Senior High School: Rio Grande
  • Utility Information

    See Remarks
  • Location Information

    Direction: 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. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Riverview (tr2c) Road, Albuquerque, NM, 87105 $160,000 -- -- -- 0.33 Acre(Lot)
Us Highway 85, Albuquerque, NM, 87105 $275,000 -- -- -- 3.38 Acres(Lot)
Marcelino Road, Albuquerque, NM, 87105 $200,000 -- -- -- 1.43 Acres(Lot)
Riverview (tr2b) Road, Albuquerque, NM, 87105 $160,000 -- -- -- 0.31 Acre(Lot)
2224 Perry Road, Albuquerque, NM, 87105 $298,500 -- -- -- 1.90 Acres(Lot)
2255 Perry Road, Albuquerque, NM, 87105 $199,000 -- -- -- 0.90 Acre(Lot)
1604 Bluffside Place, Albuquerque, NM, 87105 $160,000 -- -- -- 0.39 Acre(Lot)
1748 Cliffside Drive, Albuquerque, NM, 87105 $79,900 -- -- -- 0.11 Acre(Lot)
3837 Riverview Road, Albuquerque, NM, 87105 $165,000 -- -- -- 0.23 Acre(Lot)
2402 Salvador Road, Albuquerque, NM, 87105 $98,813 -- -- -- 0.13 Acre(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.

ByOwner last updated this listing 06/18/2026 @ 06:05

MLS: 1100355 LISTED BY: James Vidamour, Fay Ranches, Inc 719-890-4530 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)

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