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%

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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor R1 Realty One of New Mexico shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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