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3931 Anderson Farm Drive SW
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3931 Anderson Farm Drive SW
3931 Anderson Farm Drive SW
3931 Anderson Farm Drive SW
3931 Anderson Farm Drive SW
3931 Anderson Farm Drive SW
3931 Anderson Farm Drive SW
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3931 Anderson Farm Drive SW

Albuquerque, NM 87105

$10,990,000
158 acres
03/18/2026
Listing Date
1100355
Listing #
87105
Zip Code
Bernalillo
County

About This Property

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.

Building And Construction

Property Type: Land

Exterior And Lot

Lot Size Acres: 158
Lot Size Square Feet: 6,882,480 sqft
View (Yes/No): Yes

Provisional

MLS #: 1100355
Current Use: Agricultural, Commercial, Other
Listing Terms: Cash, Conventional
Possible Use: Agricultural, Commercial, Other

Area And Schools

City: Albuquerque
Postal Code: 87105
MLS Area Major: Valley Farms
County: Bernalillo
Topography: Level, Other, SeeRemarks
Distance To Electric Comments: Call Listing Broker
Distance To Gas Comments: Call Listing Broker
Distance To Phone Service Comments: Call Listing Broker
Distance To Sewer Comments: Call Listing Broker
Distance To Water Comments: Call Listing Broker
Irrigation Source: See Remarks
Lot Features: Other, See Remarks, Views
Number Of Lots: 4
Parcel Number: 101105310519830217
Elementary School: Navajo (y)
Middle School: Harrison
High School: Rio Grande

Utilities

Utilities: See Remarks
Water Source: Public
Sewer: Public Sewer

Location

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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.

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Listing courtesy of Fay Ranches, Inc
Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550