Tbd Las Estancias Drive SW, Albuquerque, NM 87105
$10,990,000
Property Type:
Land
Lot Size (sq. ft.):
6,901,211
Status:
Active
Current Price:
$10,990,000
List Date:
8/11/2023
Last Modified:
8/11/2023
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.
More Information MLS# 1038242
Contract Information
Listing Price: 10990000
Current Price: $10,990,000
List Price/Acre: 69368.18
List Price/Lot SqFt: 1.59
Status: Active
Bank Owned: No
Location
Street #: Tbd
Street Name: Las Estancias
St Suffix: Drive
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87105
Zip +4: 0000
Geo Lat: 35.017745
Geo Lon: -106.711355
Area: 91 - Valley Farms
Zone Atlas: P11
General Property Description
# of Lots: 1
Acres: 158.43
Lot SqFt: 6901211
Lot Size Source: Plat
Apx Lot Dim Front: 3141
Apx Lot Dim Side: 2142
Flood Zone: A1-A30
Elementary School: Navajo (y)
Middle School: Harrison
High School: Rio Grande
Package Deal: No
Tax & Legal Info
UPC Code: Not Available
PID: No
SAD: No
Current Taxes: 4600
GRT Code: 02-002
Tax Exemption: Unknown
Legal Description Details
Short Legal Desc: TR 3-A-1 MRGCD MAP 48 (EXCL S'LY PORT OF DRAINAGE R/W) TR A2 PLAT OF TRACTS A-1, A-2, A-3 AND A-4
Tract: N/A
Unit: N/A
Block: N/A
Lot: N/A
Subdivision: N/A
Section: 11
Township: 9 N
Range: 2 E
Remarks & Misc
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.
Utilities Expnsn Chg
Utilities Expnsn Chg: No
Utility Impact Fee
Utility Impact Fee: Unknown
Sales Info
Seller Assist Ofrd: No
Trade/Xch Considered: No
Association Details
Association: No
Property Features
Distance to Water: In Street
Dist to Electrical: On Property
Distance to Sewer: In Street
Distance to Phone: In Street
Distance to Gas: Call Listing Broker
Distance to Cable: Call Listing Broker
Existing Survey: Alta Survey
Possession: Other - See Remarks
Type: Acreage; Agricultural; Commercial
Acc. To Prop Line: Paved Road; Public Road
Topography: Mostly Level
Features: Views
Utilities: Electricity Available; Sewer Available; Water Available; Other - See Remarks
Restrictive Covenant: None
Docs/Data Available: Survey
Wastewater: Public Sewer
Water Source: City Water
Irrigation Source: Irrigation Possible
Finance Considered: Cash; Conventional; Other - See Remarks
Zoning: A-1
Listing Office: Fay Ranches, Inc
Last Updated: August - 11 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of 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.