0 Baths

$1,900,000

Highway 87, Raton NM, 87740

Price per sqft$0.20

Lot size212.81 Acres

Property typeLand

Courtesy of Wendy Mileta with Realty One Of New Mexico - Raton

Overview

Active

Listed May 17, 2025

Updated Sep 8

Prime Investment Opportunity with Highway Frontage and Mixed-Use Zoning. Unlock the potential of over 200 acres of strategically located, multi-use land just off Highway 87 a high-traffic corridor for travelers from Texas, Colorado, and New Mexico via I-25. This rare parcel offers a powerful combination of visibility, access, and zoning flexibility, making it ideal for both commercial and residential development. 60.82 acres are annexed into the city, with the frontage zoned C3 Commercial, perfect for retail, services, or hospitality. The remaining acreage is designated RHZ (Residential Holding Zone), suitable for housing, agriculture, or future expansion. With city water, electric, and gas available nearby, the groundwork is set for your next major development. Whether youre planning a business park, commercial center, or residential community, this high-profile location offers limitless potential.

Additional information

MLS^® ID: 20252833

Exterior Features

Lot Size: 212.81 Acres

Other Property Details

Taxes: $931
Tax Frequency: Annually
View: Yes
55+/Senior Community: No

Property information should be verified by buyer. Listing information provided in part by the New Mexico Association of REALTORS®. Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the New Mexico Association of REALTORS®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor R1 Realty One of New Mexico shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.