Highway 87, Raton, NM 87740

$1,900,000

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List Price
$1,900,000
Status
ACTIVE
Days on Market
436
MLS#
20252833
Subtype
Land
Lot Size
9,270,003
Acres
212.81
MLS Area Major
New Mexico Mls

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

Additional Information

Taxes
$931
Elementary School
None/Other
Middle School
None/Other
High School
None/Other

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Calculator source: Real Geeks

Listing courtesy of Realty One Of New Mexico - Raton.