Available City Properties
Learn more about City properties for sale or for lease.
City Real Estate Opportunities
The City of Albuquerque has a full-time staff of professionals who not only manage the City's property portfolio but also partner with our community to determine the best use of property no longer required for City use. See below for purchasing and leasing opportunities, or call us today for more information!
Available Property Map
Available Properties for Sale
For more information about purchasing properties from the City, please contact Ana Peltz, Agent III – 505-924-3484 / [email protected]
- 2117 Osuna Rd NE, Albuquerque, NM 87113 – $1,100,000 - Warehouse/Office – 1.25 acres
- Unser Blvd - Western Trails Triangle, Albuquerque, NM 87120 – $7,300 – Vacant – .05 acres
- Choke Cherry Trail, Farmington, NM – $60,000 – Vacant – 2.5 acres
- Hood Mesa Parcel 1B Farmington NM – $1,500,000 – Vacant – 340 acres
- Farmington Parcel 1A – Call for Pricing – Vacant – 42.5 acres
- Farmington Parcel 2 – Call for Pricing – Vacant – 50 acres
- Farmington Parcel 3 – Call for Pricing – Vacant – 40 acres
- Edgewood Tract L – Call for Pricing – Vacant – 160 acres
- Edgewood Tract M – Call for Pricing – Vacant – 440 acres
- Edgewood Tract O – Call for Pricing – Vacant – 40 acres
- Edgewood Tract P – Call for Pricing – Vacant – 40 acres
- Edgewood Tract Q – Call for Pricing – Vacant – 40 acres
- Edgewood Tract R – Call for Pricing – Vacant – 20 acres
- Edgewood Tract S – Call for Pricing – Vacant – 16.5 acres
Coming Soon
- 66th St NW – 0.28 Acres
- 615 Arno St SE – 0.16 Acres
- 1206 Arno St SE – 0.07 Acres
- 3201 Corona Dr NW – 0.07 Acres
- 3205 Corona Dr NW – 0.06 Acres
- 3209 Corona Dr NW – 0.07 Acres
- 4600 Crestridge Ct NW – 0.18 Acres
- 132 Espejo St NE – 0.16 Acres
- 2933 Hermosa Dr NE – 0.15 Acres
- La Orilla Rd NW – 0.24 Acres
- 318 Mesilla St NE – 0.23 Acres
- Tower Rd SW – 1.24 Acres
- 201 Utah St NE – 0.17 Acres
Properties Under Evaluation
The City is always evaluating the property we own, and actively working to make sure it is put to the best possible use. This is a list of properties we might sell, so let us know if anything here looks like a good fit for you!
Available Commercial Properties
There are no commercial properties currently available for lease. Please check back for updates.
For more information about leasing from the City, please contact Gary Boyd, Assistant Manager – 505-924-3492 / [email protected]
Affordable Rental Housing in Albuquerque
The Health, Housing, and Homelessness (HHH) Department supports the development and preservation of affordable housing in Albuquerque. To learn more, please visit HHH's page on affordable apartments and rentals.
Reinvesting in Albuquerque’s Neighborhoods
The Metropolitan Redevelopment Agency partners with neighborhoods, businesses, developers, and community organizations to support projects that strengthen Albuquerque’s existing communities. To learn more, please reach out to the Metropolitan Development Agency (MRA).
Aviation Properties
Development Opportunities at the Albuquerque International Sunport offer a unique chance to invest in a growing aviation and logistics hub in the Southwest. With strategic access to air cargo and available land, the Sunport is positioned to support innovative aviation, commercial, and industrial projects. Learn more at Aviation's Property page.
Right-of Way Acquisitions
We would love to hear about your project and how we can help! Please email us at [email protected] or call 505-924-3487
Selling Properties
Let us know what you have and we will evaluate whether your property might benefit the City and our community. Please contact Ana Peltz, Agent III – 505-924-3484 / [email protected]
Frequently Asked Questions
General information
The Real Property Division helps buy and sell property for the City of Albuquerque and handles leases as well. Our team works with City departments on right-of-way, easement, and other property related projects as well.
- Planning and reviewing City property needs and inventory
- Buying and selling property
- Obtaining land needed for roads, sidewalks, and other public projects
- Determining value for vacated right-of-way
- Selling vacated right-of-way
- Partnering with community members for licensing of City property
- Granting easements
- Negotiating and managing City leases
When will the City buy property?
The City buys property for parks, open space, roads, sidewalks, libraries, community centers, police stations, fire stations, and other public needs.
Our goal is to offer fair compensation based on a current appraisal while making the best use of taxpayer dollars.
While we cannot purchase every property offered to us, we are happy to consider properties that may benefit the community. Examples include:
- Property near existing City-owned land
- Property that supports public safety projects
- Property located in areas where the City is investing in improvements.
To discuss selling your property to the City contact Ana - 505-924-3484 / [email protected]
When does the City sell property?
Sometimes the City owns property that is no longer needed. When that happens, the City may decide to sell the property.
Before a property can be sold, City staff and department leaders review it and make a recommendation to the City Council. The City Council must approve the sale before it can move forward.
City property will be marketed and sold through a bidding process outlined by City Ordinance.
If there is a property that is owned by the City not currently marketed, please feel free to inquire about its possible sale. There may be a chance that your inquiry will initiate the sale process, particularly if what you are working on benefits both the City and the community!
For information about buying City property contact Ana - 505-924-3484 / [email protected]
Does the City lease property it owns?
When the City owns property but is not using it, we may lease it to another user. We welcome opportunities that support local businesses, organizations, and community growth. Our team works with tenants to help make projects successful.
To discuss leasing City property, contact Gary - 505-924-3492 / [email protected]
When does the City lease property from others?
In some cases, leasing property makes more sense than buying it. This may happen when the City only needs a space for a short time or when a property is in a location that meets a specific need, but where there is no property available for purchase. The City is a strong tenant, with responsible staff, safe operations, and solid financial and insurance credentials.
If you have a property you think the City should lease contact Gary - 505-924-3492 / [email protected]
Does the City do right-of-way and easements?
The Real Property Division helps the City obtain land needed for public projects such as roads, sidewalks, and other transportation improvements.
We also handle easements and help manage the process when public right-of-way areas are vacated.
For information about right-of-way or easements contact Damon - 505-924-3487 / [email protected]
Not sure what you’re looking for right now?
No problem! Send an email to [email protected], with the subject ‘UPDATES’ and we will send regular updates on available properties and any other interesting real estate business happening with the City. We are doing more and more all the time, and the right property may be just around the corner.
Timelines
The Real Property Division works to move quickly and efficiently, and while the process of working with the City may have a few more steps than other transactions, each step is necessary for consistency and the integrity of each deal. Depending on the complexity and type, transactions typically take between a few weeks and nine months. We will keep you informed about important updates and work to resolve any issues that may come up along the way.
The City partners with outside contractors for services such as appraisals, surveys, and environmental assessments, and those contractors work diligently to be as timely and accurate as possible as well.
Contact Us
- Purchasing City Property – Ana Peltz, Agent III – 505-924-3484 / [email protected]
- Leasing City Property – Gary Boyd, Assistant Manager – 505-924-3492 / [email protected]
- Right of Way and Easements – Damon Bader, Division Manager – 505-924-3487 / [email protected]
- General Information – Ashley Barela, Senior Admin – 505-924-3486 / [email protected]
- Partnerships and Proposals – Damon Bader, Division Manager – 505-924-3487 / [email protected]
Additional City Real Estate Resources
City of Albuquerque Integrated Development Ordinance.
Real Property Transaction Ordinance (pertaining to the sale of real property)