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.

380 days

38

0

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

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

Estimated monthly payment$1,822

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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