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.
Property Details
Property Features
Listing Office:
Office Name: Fay Ranches, Inc
Office Phone: (719) 890-4530
Listing Agent: James Vidamour
Lot Features
Lot Information:
Lot: Views
Lot Size: 158.43 Acres
School Info
Assigned Schools Information:
Rio Grande High School, Public District Grades 9-12
Nex Gen Academy, Public District Grades 9-12
Harrison Middle School, Public District Grades 6-8
Navajo Elementary School, Public District Grades PK-5
Coronado Elementary School, Public District Grades KG-5
Other
Directions Information:
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.
Price Information
Listing Price Info
Price Summary:
List Price: $10,990,000
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Housing Market Comparison
See how this home compares to others in Albuquerque, NM.
This property is $10.6M more than the Median Sold Price in Albuquerque, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1038242
Listing Office:
Office Name: Fay Ranches, Inc
Office Phone: (719) 890-4530
Listing Agent: James Vidamour
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Navajo Elementary School
2936 Hughes Rd SW
Distance between this listing and this school1.11 miles
Public District Grades PK-5
6
/10
Coronado Elementary School
601 4th St SW
Distance between this listing and this school5.42 miles
Public District Grades KG-5
Middle School
4
/10
Harrison Middle School
3912 Isleta Blvd SW
Distance between this listing and this school1.61 miles
Public District Grades 6-8
High School
3
/10
Rio Grande High School
2300 Arenal Rd SW
Distance between this listing and this school2.46 miles
Public District Grades 9-12
8
/10
Nex Gen Academy
5323 Montgomery Blvd NE
Distance between this listing and this school10.78 miles
Public District Grades 9-12
Assigned Schools
2
/10
Navajo Elementary School
2936 Hughes Rd SW
Distance between this listing and this school1.11 miles
Public District Grades PK-5
6
/10
Coronado Elementary School
601 4th St SW
Distance between this listing and this school5.42 miles
Public District Grades KG-5
Nearby Schools
2
/10
Pajarito Elementary School
2701 Don Felipe Rd SW
Distance between this listing and this school1.06 miles
Public District Grades PK-6
Assigned Schools
4
/10
Harrison Middle School
3912 Isleta Blvd SW
Distance between this listing and this school1.61 miles
Public District Grades 6-8
Nearby Schools
6
/10
South Valley Preparatory
2813 Gun Club Rd SW
Distance between this listing and this school0.38 miles
Public Charter Grades 6-8
2
/10
Truman Middle School
9400 Benavides Rd SW
Distance between this listing and this school2.73 miles
Public District Grades 6-8
Assigned Schools
3
/10
Rio Grande High School
2300 Arenal Rd SW
Distance between this listing and this school2.46 miles
Public District Grades 9-12
8
/10
Nex Gen Academy
5323 Montgomery Blvd NE
Distance between this listing and this school10.78 miles
Public District Grades 9-12
Nearby Schools
5
/10
South Valley Academy
3426 Blake Rd SW
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $64,732. The most common annual income of people living in Albuquerque, NM is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD Las Estancias Dr SW
What is the listing price of this property?
The listing price of TBD Las Estancias Dr SW property is $10,990,000.
What type of property is this?
The property TBD Las Estancias Dr SW is land located in Albuquerque, New Mexico, 87105.
Is this property for sale now?
Active Listing: TBD Las Estancias Dr SW is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for TBD Las Estancias Dr SW are: Navajo Elementary School: GreatSchools Rating 2/10Coronado Elementary School: GreatSchools Rating 6/10Harrison Middle School: GreatSchools Rating 4/10Rio Grande High School: GreatSchools Rating 3/10Nex Gen Academy: GreatSchools Rating 8/10
How much acreage is this property?
The property TBD Las Estancias Dr SW is 158.43 acres.
Interested in TBD Las Estancias Dr SW? Let's connect.
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This home is located at TBD Las Estancias Dr SW in Albuquerque, NM and zip code 87105 in the Southwest Albuquerque neighborhood. This home sits on a 158.43 acre lot. It has been listed on Rocket Homes since August 01, 2023 and is currently priced at $10,990,000.
In April 2024 more than 170 listings in Albuquerque, NM were sold above the asking price. During the same period more than 156 listings were sold at asking price, while more than 230 were sold below. In April 2024 in Albuquerque, NM there were 4.2% less homes for sale than in March 2024. In April 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $335,623.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 
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