3931 Anderson Farm Drive Sw, Albuquerque, NM

$10,990,000

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158.00

Acres

About 3931 Anderson Farm Drive Sw

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.

Features of 3931 Anderson Farm Drive Sw

MLS® # 1100355
Price $10,990,000
Acres 158.00
Type Land
Status Active

Community Information

Address 3931 Anderson Farm Drive Sw
Area 91 - Valley Farms
Subdivision n/a
City Albuquerque
County Bernalillo
State NM
Zip Code 87105

Amenities

Utilities See Remarks
Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

Elementary Navajo (y)
Middle Harrison
High Rio Grande

Additional Information

Date Listed March 22nd, 2026
Days on Market 188
RE / Bank Owned No

Listing Details

OfficeFay Ranches, Inc

Listing Map

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