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Listed by Realty One Of New Mexico - Raton
$ 1,900,000
Est. payment /mo
Active
Highway 87 Raton, NM 87740
212.81 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20252833
HOA Y/N Yes
Annual Tax Amount $931
Lot Size 212.810 Acres
Acres 212.81
Property Sub-Type Land
Source NMMLS
Property Description
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.
Location
State NM
County Colfax
Exterior
Utilities Available Cable Available, Electricity Not Available, Natural Gas Not Available
View Y/N true
Private Pool No
Building
Sewer Septic Needed
Schools
Elementary Schools None/Other
Middle Schools None/Other
High Schools None/Other
Others
Tax ID 11371850701541
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional