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NAICS 531190: Lessors of Other Real Estate Property

Lessors of Other Real Estate Property is NAICS code 531190. A business is small under it with $34 million or less in average annual receipts. 7 federal contracts are open on SAM.gov under this code right now.

SBA size standard
$34 million or less in average annual receipts
Open contracts now
7
Federal spending, FY2025
$32.5 million
Share won by small businesses
10%
Small businesses registered
1,165
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Open federal contracts for lessors of other real estate property

See all 7 open contracts under NAICS 531190 →

What NAICS 531190 covers

The Census Bureau's NAICS index lists these kinds of work under 531190:

  • Agricultural property rental or leasing
  • Airport leasing, not operating airport, rental or leasing
  • Equity real estate investment trusts (REITs), primarily leasing real estate (except residential buildings and dwellings, nonresidential buildings, miniwarehouses, and self-storage units)
  • Farmland rental or leasing
  • Flea market space (except under roof) rental or leasing
  • Forest land rental or leasing
  • Grazing land rental or leasing
  • Land rental or leasing
  • Manufactured (mobile) home parks
  • Manufactured (mobile) home sites rental or leasing
  • Mining property leasing
  • Mobile (manufactured) home parks
  • Mobile (manufactured) home sites rental or leasing
  • Railroad right of way leasing

The index lists 19 entries for this code in all.

Read the full definition, including what's excluded, on census.gov.

SBA size standard for 531190

To count as a small business for a contract assigned NAICS 531190, your business must have $34 million or less in average annual receipts. Receipts are averaged over your last five completed fiscal years.

Some contracts under this code use a different limit:

  • Leasing of Building Space to the Federal Government by Owners: $47 million or less in average annual receipts

SBA note: NAICS codes 531110, 531120, 531130, and 531190 – Leasing of building space to the Federal Government by Owners: For Government procurement, a size standard of $47.0 million in gross receipts applies to the owners of building space leased to the Federal Government. The standard does not apply to an agent.

From SBA's table of size standards, effective Mar 17, 2023. Confirm it with SBA's size standards tool before you certify your size.

Who buys lessors of other real estate property

Agencies that awarded the most under NAICS 531190 over the last three fiscal years, per USAspending.gov:

AgencyObligated
United States Mint$53.3 million
Smithsonian Institution$14 million
Forest Service$13.6 million
Corporation for National and Community Service$3.5 million
National Science Foundation$2.4 million
Drug Enforcement Administration$1.8 million
Department of the Navy$867,464
Department of the Army$834,205

Open notices right now come from Dept of Defense (6) and General Services Administration (1).

Set-asides on open 531190 contracts

  • No set-aside (full and open): 7

Not sure which set-asides you qualify for? Try the free SBA certification screener, or read set-aside contracts, explained.

Your competition

1,165 businesses with active SAM.gov registrations are rated small under NAICS 531190, most of them in Florida (131), Texas (121), Georgia (119), California (88) and Virginia (57). Look any of them up with the free CAGE code and UEI lookup.

Federal spending under 531190 by year

Fiscal yearContract obligations
FY2024$36.3 million
FY2025$32.5 million
FY2026$10.2 million
FY2027 (so far)$0

Source: USAspending.gov, all contract awards with this NAICS code. Fiscal years start October 1.

Related NAICS codes

Frequently asked questions

What is NAICS code 531190?

531190 is the 2022 NAICS code for Lessors of Other Real Estate Property. The Census Bureau's index lists work such as agricultural property rental or leasing, airport leasing, not operating airport, rental or leasing, equity real estate investment trusts (reits), primarily leasing real estate (except residential buildings and dwellings, nonresidential buildings, miniwarehouses, and self-storage units) under it. Federal contracting uses the 2022 codes.

What is the SBA size standard for NAICS 531190?

$34 million or less in average annual receipts. A business at or under that is small for contracts assigned this code. Some kinds of contracts under this code use a different limit. The current SBA table took effect Mar 17, 2023.

Are there government contracts for lessors of other real estate property?

Yes. 7 federal contract opportunities under NAICS 531190 are open on SAM.gov right now. Agencies obligated about $32.5 million under this code in fiscal year 2025, according to USAspending.gov.

How do I add NAICS code 531190 to my SAM.gov registration?

Update your entity registration on SAM.gov and add the code on the Goods and Services page, in the Assertions section. You can list several NAICS codes and mark one as your primary. Changes are free.

Keep going

FedReady is an independent company, not affiliated with SBA, SAM.gov, the Census Bureau or any government agency. Open-contract counts come from SAM.gov and update daily; spending figures come from USAspending.gov.