Highway 87, Raton, NM 87740

Raton
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
Highway 87,Raton, NM 87740
$1,900,000
  • 212.81 Acres
  • Lots / Land
  • Active
Listed by: wendy mileta
Office: realty one of new mexico - raton
MLS#:20252833
Source:NM_RANM

Price summary

  • Price:$1,900,000

About this home

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.

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Home facts

  • Listing ID #:20252833
  • Added:284 day(s) ago
  • Updated:February 10, 2026 at 04:34 PM

Structure and exterior

  • Lot area:212.81 Acres
  • Lot Features:Irregular Lot

Utilities

  • Water:Near-Site
  • Sewer:Septic Needed

Finances and disclosures

  • Price:$1,900,000
  • Tax amount:$930 (2025)

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