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Lot/land
  • $1,900,000

    Highway 87, Raton, NM 87740

    --beds
    --baths
    212.81Acres
    Unimproved Land
    Built in ----
    212.81 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Highway frontage
    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.
    237 days
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    53
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    Zillow last checked: 8 hours ago

    Listing updated: May 18, 2025 at 10:22pm

    Listed by:

    Wendy Mileta 575-707-1662,

    Realty One Of New Mexico - Raton 575-707-1662

    Source: New Mexico MLS,MLS#: 20252833MLS Logo

    Facts & features

    Property

    Lot
    • Size: 212.81 Acres
    • Features: Irregular Lot
    Details
    • Parcel number: 11371850701541
    • Zoning description: C-3 and RHZ

    Utilities & green energy

    • Electric: Near-Site
    • Sewer: Septic Needed
    • Water: Near-Site
    • Utilities for property: Natural Gas Not Available, Electricity Not Available, Water Available

    Community & HOA

    HOA
    • Has HOA: Yes
    Location
    • Region: Raton

    Financial & listing details

    • Annual tax amount: $930
    • Date on market: 5/17/2025
    Wendy Mileta

    (575) 707-1662

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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    5/17/2025Listed for sale$1,900,000
    Source: New Mexico MLS #20252833 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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    Climate risks

    Neighborhood: 87740

    Nearby schools

    GreatSchools rating
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