About This Home

This land at Highway 87 in Raton, NM is listed for $1,900,000 (212.81 acres).

Key Features

  • 212.81 acre lot
Listing 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 you're planning a business park, commercial center, or residential community, this high-profile location offers limitless potential.

Location

Highway 87

Raton, NM 87740

Questions & Answers

This 0-bedroom, 0-bathroom land at Highway 87 is listed at $1,900,000. The estimated monthly payment is $10,161 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 212.81 acre lot.

This property is listed by Wendy Mileta.

WM

Wendy Mileta

License 19831

Agent at Realty One of New Mexico, Santa Fe

Listed by Realty One of New Mexico, Santa Fe · Broker phone: (575) 707-1662 · View on Broker Site · Broker website

MLS# 20252833· Source: New Mexico MLS· 528 days on PropertySimple

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Highway 87, Raton, NM 87740

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