Browse All Albuquerque NM Above $5 Million Properties for Sale

Rarely does a commercial real estate opportunity of this caliber come to market in New Mexico. This exclusive two-parcel portfolio controls the entirety of the #2 busiest hard corner intersection in the State of New Mexico -- Montgomery Boulevard and San Mateo Boulevard NE -- commanding 75,000 to 80,000 vehicles per day. Situated against the iconic backdrop of the Sandia Mountains, the portfolio totals approximately 16,104 SF of retail building area across 1.49 acres of irreplaceable urban land, both parcels fully leased under net lease structures delivering immediate, dependable cash flow from day one. The anchor asset at 4340 San Mateo Blvd NE is a 14,454 SF big-box retail building on 1.24 acres, corporate-guaranteed by CVS Pharmacy under an Absolute NNN lease running through August 203

4340 San Mateo Boulevard NE, Albuquerque

$5,900,000

3 Beds ⋅ 3 Baths ⋅ 1103000 MLS ⋅ 84 DOM

Ocotillo Ridge is a 20-unit, townhome-style multifamily community completed in 2024 by a local architect anddeveloper, who self-developed the project with a focus on durable construction and efficient, functionallayouts. The property consists of twelve (12) two-bedroom units averaging approximately 1,056 square feet and eight (8) one-bedroom units averaging approximately 801 squarefeet. The community includes 20 secure on-site parkingspaces serving residents.The residences feature open-concept floor plans with polished concrete flooring, large window lines, and strongnatural light throughout both living and bedroom levels. Each unit includes oversized private patios or balconies thatexpand usable living area and enhance unit desirability.

140 Jefferson Street SE, Albuquerque

$5,500,000

1101651 MLS ⋅ 108 DOM

Prime investment opportunity in a high-visibility location just off Coors Blvd, boasting traffic counts of approximately 43,000 vehicles per day. This unique mixed-use property features a 5,046 square foot commercial retail building currently occupied by a well-established Anytime Fitness, providing immediate income potential. Positioned directly behind the retail space are 13 well-designed condominium units, each offering 2 bedrooms and 2.5 bathrooms, an ideal setup for strong, consistent rental demand. The residential component overlooks the scenic Black Farm area, adding an attractive lifestyle element for tenants and enhancing long-term value. With a combination of stable commercial tenancy, multiple residential income streams, and exceptional exposure in a high-traffic corridor.

9368 Valley View Drive NW, Albuquerque

$10,990,000

1100355 MLS ⋅ 131 DOM

The 158-acre Old Tobacco Farm offers a rare, large-scale development opportunity in northern Albuquerque's Valley Farms area. Following a multi-year planning process, the property features a Bernalillo County-approved Sector Plan allowing for up to 450 residential units, with 23 acres designated for open space. Ideally located off Coors Blvd near Rio Bravo and adjacent to major retail, entertainment, and senior living amenities, the property sits directly in the path of urban growth. Currently operating as a productive alfalfa farm, it presents flexible potential as a ready-to-develop project, long-term land hold, or continued agricultural use. Held by the same family for generations, this is a premier infill opportunity with multiple purchase configurations available.

3931 Anderson Farm Drive SW, Albuquerque

$10,345,500

1094627 MLS ⋅ 276 DOM

+/-50 acres subdivided into 15 PARCELS FOR SALE at Double Eagle Airport within an Opportunity Zone and Free Trade Zone. NR-SU zoning city of Albuquerque a wide range of uses, including airport-related industrial, warehouses, and manufacturing. Ideal for aviation, aerospace, and industrial operations. Utilities are available to the property line (verification required by buyer). Potential direct runway access with FAA and City of Albuquerque Aviation approval. Located at Double Eagle II Airport, an active general aviation facility averaging 65,000-75,000 aircraft operations annually with a CONTRACT-CONTROLLED TOWER. Positioned just north of I-40, near Amazon Distribution and FedEx Freight.

7200 Aerospace Parkway NW, Albuquerque

$5,317,173

1 Beds ⋅ 1 Baths ⋅ 1092700 MLS ⋅ 291 DOM

CORE AssetMeasures of investment performance at the ask price of $5,317,173 and current average rents of $914 a month are a GRM of 9.69, a 6.63% cap rate, $106,343 per unit, $163/sf, and an after tax internal rate of return is 16.8%And Value AddThe property is currently 20.3% below market rents at the adjoining, siter property and that does not take into account the double digit annual rent growth the market is enjoying. If the rents are raised to the market of $1,338, the metrics of investment performance improve to a cap rate of 11.51% and a cash on cash of 19.20%.This community is located facing Zia park and Zia Elementary school and within walking distance of the Nob Hills 80+ restaurants. The property is also within biking distance of the University of NM and sits betw

419 Monroe Street NE, Albuquerque

$5,600,000

8 Beds ⋅ 14 Baths ⋅ 202503759 MLS ⋅ 332 DOM

Tucked into the foothills of the Sandia Mountains and minutes from ABQ international airport, this 176+ acre retreat is a sanctuary for both people and wildlife. Miles of riding trails weave through natural habitats, giving you endless opportunities to explore on foot or horseback. Under dark, star-filled skies, you’ll enjoy a peace that feels a world away from the bustle of daily life. The French Country manor, with 5 bedrooms and over 14,000 sq ft of refined comfort, welcomes you with stone architecture, a slate roof, and warm, inviting interiors. The chef’s kitchen is perfect for entertaining with access to the front patio with breathtaking views and the indoor pool. Entertain in grand style in the formal living and dining rooms, unwind in the family room with a wet bar and game area, or relax by the pool framed with floor-to-ceiling windows. The primary suite occupies its own wing—complete with dual closets, a lavish bath, gym, workshop, craft room, and private office. A separate wing holds three guest suites each feature a living area, and upstairs bedroom. Equestrian amenities include an 18-stall raised center aisle barn with bathroom/tack. Two exterior 61' round pens, large hay barn, 31,000 sq ft indoor arena with bathrooms. Ride at high altitude for excellent training, then enjoy peak performance at lower elevations. Tennis court multiple garages and RV space complete the picture. A full guest house offers over 2,000 sq ft with 3 bedrooms, an office, open concept living spaces, and a 2-car garage—perfect for extended family or friends. Access to the estate is just off I-40 frontage road via a gated entry. Imagine waking up to the sound of songbirds, spotting deer grazing nearby, and watching the mountains turn gold in the morning light—all while being less than 20 miles from Albuquerque International Sunport and minutes from I-40. Coyote Springs Ranch offers the rare combination of total seclusion and easy access to city conveniences.

3150 Coyote Trail Se, Albuquerque

$5,600,000

8 Beds ⋅ 14 Baths ⋅ 1090509 MLS ⋅ 355 DOM

3150 Coyote Trail, Albuquerque

$10,990,000

202403616 MLS ⋅ 699 DOM

The 158-acre Old Tobacco Farm is located in the very northern part of Albuquerque’s Valley Farms area. A multi-year planning and re-zoning process has resulted in a Bernalillo County-approved Sector Plan for the property that allows for 450 residential housing units. Per the Sector Plan, 23 acres must be donated to the County for open space. The property is one of three things depending on the buyers wants and needs; a ready-to-go residential development project, a land bank opportunity, or an ongoing hay farm operation. The location is in the path of development and urbanization as the city of Albuquerque’s density increases in this direction. The County of Bernalillo has heartily endorsed a residential project in this location. Located off Coors Blvd near the intersection with Rio Bravo, adjacent to a new Walmart Supercenter, theatre complex, and senior living facility, the property is unique in its large size and location. The Old Tobacco Farm was once a producing tobacco farm for the smokeless tobacco industry. There were several other agricultural incarnations of the farm before it became what it is today, a highly productive alfalfa hay farm in the heart of the city with an approved Bernalillo County Sector Plan for residential development. This area has a long and storied history because of its proximity to the Rio Grande River. The farm has been in the same family for generations, and this is the first time it has been offered for sale in this configuration. For the right buyer, this property provides the opportunity to develop a significant residential housing project asap or h old the property for future appreciation. This property may be purchased in several different configurations. A separate designated 40 acre parcel. The entire parcel west of the Arenal with county-approved development plan. Purchase 23 acres east of the Arenal separately.

3931 Anderson Farm Dr., Sw, Albuquerque

Start Your Search

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Scarborough Realty Group are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the SANTA FE ASSOCIATION OF REALTORS®.

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-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Albuquerque Homes Above $5MM For Sale

Your Ultimate Source for Albuquerque Homes Above $5MM

Discover the finest Homes Above $5MM for sale in Albuquerque, NM with our comprehensive real estate search. Our website is the go-to destination for finding Homes Above $5MM for sale in Albuquerque and its vibrant neighborhoods.

As a top realtor in Albuquerque, we provide an easy-to-use platform updated every 15 minutes with data straight from the official Realtor’s database. Whether you're looking for Albuquerque NM Homes Above $5MM for sale or interested in Albuquerque properties, we have you covered. When looking for Homes Above $5MM for sale Albuquerque NM you want to find a realtor Albuquerque NM to make sure you have a local expert on your side! Albuquerque NM Homes Above $5MM for sale are within reach.

Interactive Map Search for Albuquerque Properties

Our Interactive Map Search tool enables you to view Albuquerque Homes Above $5MM for sale on a map or refine your search by drawing the boundaries around your desired area.

Stay Updated on Albuquerque Real Estate Market

Stay informed about what’s happening in your neighborhood. Use our tools to create a custom market report and track what’s active, under contract, and sold in your area. Perfect for anyone keeping an eye on Albuquerque Homes Above $5MM trends.

Instant Property Valuation

Thinking of selling or refinancing your home? Get an INSTANT property valuation now! Our accurate valuations help you make informed decisions.

Contact Our Expert Albuquerque Realtors

Contact us today to find out how our dedicated Albuquerque realtors can assist you in navigating the real estate market in Albuquerque, NM.