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Listed by Fay Ranches, Inc
$ 10,990,000
Est. payment | /mo
158 Acres Lot
$ 10,990,000
Est. payment | /mo
158 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1100355
HOA Y/N No
Annual Tax Amount $1,147
Lot Size 158.000 Acres
Acres 158.0
Lot Dimensions Public Records
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.
Location
State NM
County Bernalillo
Area 91 - Valley Farms
Interior
Fireplace No
Exterior
Utilities Available See Remarks
View Y/N Yes
Water Access Desc Public
Present Use Agricultural,Commercial,Other
Building
Lot Description Other, See Remarks, Views
Sewer Public Sewer
Water Public
Schools
Elementary Schools Navajo (Y)
Middle Schools Harrison
High Schools Rio Grande
Others
Tax ID 101105310519830217
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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Tracy Highspencer
REALTOR® | Lic# 41482