Tbd Las Estancias Drive SW, Albuquerque NM, 87105
(Active)
$10,990,000
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MLS# 1038242
Last Updated: 4/28/2024 8:54 AM
Description for
Tbd Las Estancias Drive SW
Albuquerque, NM 87105
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.
Price
$10,990,000
N/A
Bernalillo
1038242
Active
Description
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.
Listing Information
| Property Type: Land, Other | ||
| 158.43 Acres | Public Records | Agricultural,Commercial,Unimproved |
9 N//
N/A
Public
Public Sewer
Electricity Available,Other,Sewer Available,See Remarks,Water Available
Agricultural
Neighborhood
School Information
| Navajo (y) | Harrison | Rio Grande |
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Agricultural
Agricultural
A-1
Level
Views,Acreage
Driving Directions
Coors and Las Estancias- turn east off Coors onto las Estancias (the 2nd light on Coors Blvd South of Coors and Rio Bravo. Go to the end of Las Estancias and cross the ditch to access the farm.
Financial Considerations
| Not Available |
| $4,600 |
Cash,Conventional,Other,See Remarks
Listing Price History
Albuquerque Real Estate
Albuquerque is located in New Mexico. Albuquerque, New Mexico 87105 has a population of 40,902.
The median household income in Albuquerque, New Mexico 87105 is $42,654. The median household income for the surrounding county is $56,090 compared to the national median of $66,222. The median age of people living in Albuquerque 87105 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 7/19/2023 | Active | $10,990,000 USD |
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