Raton, NM 87740,Highway 87
Raton, NM 87740,Highway 87
Raton, NM 87740,Highway 87
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$1,900,000
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212.81 Acres Lot
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Highway 87 Raton, NM 87740

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Key Details

Property Type Vacant Land

Sub Type Acreage

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20252833

Annual Tax Amount $930

Tax Year 2025

Lot Size 212.810 Acres

Acres 212.81

Lot Dimensions 212.81

Property Sub-Type Acreage

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 you're planning a business park, commercial center, or residential community, this high-profile location offers limitless potential.

Location

State NM

County Colfax County

Area New Mexico Mls

Building

Lot Size Range 212.81

Sewer Septic-Needed

Water Near-Site

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by REALTY ONE OF NEW MEXICO - RATON

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agent

Sagebrush Real Estate

Broker | License ID: 086001681

+1(575) 799-9500

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Highway 87