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.
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
- 425 days |
- 74 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Wendy Mileta 575-707-1662,
Realty One Of New Mexico - Raton 575-707-1662
Source: New Mexico MLS,MLS#: 20252833
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Has view: Yes
Lot
- Size: 212.81 Acres
Details
- Parcel number: 11371850701541
- Zoning description: C-3 and RHZ
Utilities & green energy
- Utilities for property: Cable Available, Electricity Not Available, Natural Gas Not Available
Community & HOA
HOA
- Has HOA: Yes
Location
- Region: Raton
Financial & listing details
- Annual tax amount: $931
- Date on market: 5/17/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Wendy Mileta
(575) 707-1662
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Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2025 | Listed for sale | $1,900,000 |
Source:  New Mexico MLS #20252833 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 87740
Nearby schools
GreatSchools rating
- 3/10Longfellow Elementary SchoolGrades: PK-2Distance: 3.9 mi
- 7/10Raton High SchoolGrades: 7-12Distance: 3.6 mi
- 6/10Raton Middle SchoolGrades: 3-6Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: None/Other
- Middle: None/Other
- High: None/Other
Source: New Mexico MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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