Highway 87, Raton, NM 87740
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.
Contact an agent
Home facts
- Listing Id #:20252833
- Added:88 day(s) ago
- Updated:July 18, 2025 at 03:04 PM
Structure and exterior
- Lot area:212.81 Acres
Utilities
- Water:Near-Site
- Sewer:Septic Needed
Finances and disclosures
- Price:$1,900,000
- Tax amount:$930 (2025)
New listings near Highway 87
- $134,900Active3 beds 2 baths1,100 sq. ft.
1040 Collier Avenue, Raton, NM 87740
MLS# 20254030Listed by: RATON REALTY - $975,000Active3 beds 2 baths3,000 sq. ft.
803 Hwy 72 Highway, Raton, NM 87740
MLS# 20253905Listed by: REALTY ONE OF NEW MEXICO - RATON - $109,500Active2 beds 2 baths995 sq. ft.
1456 Brilliant Street, Raton, NM 87740
MLS# 20253730Listed by: REALTY ONE OF NEW MEXICO - RATON - $374,000Active3 beds 3 baths2,438 sq. ft.
88 Linwood Road, Raton, NM 87740
MLS# 20253565Listed by: REALTY ONE OF NEW MEXICO - RATON - $165,000Active3 beds 1 baths1,358 sq. ft.
336 N 3rd Street, Raton, NM 87740
MLS# 20253465Listed by: HOME ASSOCIATES, INC - $100,000Active2 beds 1 baths1,155 sq. ft.
501 2nd Avenue, Raton, NM 87740
MLS# 20253282Listed by: HOME ASSOCIATES, INC - $175,000Active3 beds 2 baths1,680 sq. ft.
1356 Vista Place, Raton, NM 87740
MLS# 20253125Listed by: REALTY ONE OF NEW MEXICO - RATON - $70,000Active0.91 Acres
Second Street, Raton, NM 87740
MLS# 20230110Listed by: REALTY ONE OF NEW MEXICO - RATON - $479,000Active5 beds 4 baths4,202 sq. ft.
1400 Scenic Road, Raton, NM 87740
MLS# 20252772Listed by: REALTY ONE OF NEW MEXICO - RATON