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.
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
- 83 days
- on Zillow |
- 62 |
- 0 |
Zillow last checked: 7 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#: 20252833

Travel times
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
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