Active
Tbd Las Estancias Drive SW
Albuquerque NM, 87105
$10,990,000
$1.59 per sqft
Active
158.43 Acres
Land
Courtesy of Fay Ranches, Inc
DEVELOPMENT OPPORTUNITY! Develop, Farm, or Land bank!The Old Tobacco Farm is in a Bernalillo County approved Sector Plan allowing for 450 single family housing units. Utilities & access available and planned. The property has a long and storied history in the Valley Farms area of Albuquerque and is an ongoing hay farming operation today. It is one of the last large private acreage land holdings in an area of new commercial and residential development. Located only a block off Coors Blvd, just south of Rio Bravo, the location is in a rapidly developing area of town. 23 acres of the property are designated as an open space donation to the County to facilitate the quality of the development. There are also another 147 acres of county-owned open space adjacent to property.
1038242
MLSⓇ ID
July 7, 2023
Listed
February 16, 2024
Updated
Map
Tbd Las Estancias Drive SW
Albuquerque NM, 87105
Exterior/Building Features
Lot Size
158.43 Acres
Lot Features
Views, Acreage
Sewer
Public Sewer
School Information
High School
Rio Grande
Elementary School
Navajo (y)
Other Property Details
Area Name
91 - Valley Farms
Taxes
$4,600
Tax Frequency
Annually
Days on Market
23
Garage
No
View
Yes
County
Bernalillo
Municipality
9 N
Water Source
Public
Pool
No
Buyer Agency Compensation
3.0%
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