$1,900,000

0 U S 87 Raton, NM 87740

Estimated payment $10,201/month

Total Views 8,916
212.81 Acres
$8,928 Price per Acre
9,270,003 Sq Ft Lot

About This Lot

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.

Listing Agent

Wendy Mileta

REALTY ONE OF NEW MEXICO - RATON License #19831 Listed on: 05/17/2025

REALTY ONE OF NEW MEXICO - RATON

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $931

Lot Details

  • 212.81 Acre Lot
  • Irregular Lot
  • Zoning described as C-3 and RHZ

Utilities

  • Natural Gas Not Available
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 11371850701541

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$931

Lot Details

0

Listing Details

  • Reso Property Sub Type: Acreage
  • Prop. Type: Land
  • ResoLotFeatures: Irregular Lot
  • Range Area: 9270003.6
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 212.81

Utilities

  • Utilities: Natural Gas Not Available, Electricity Not Available
  • Electric: Near-Site
  • Sewer: Septic Needed
  • Electricity On Property: No
  • Water Source: Near-Site

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 9270003.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 11371850701541
  • Zoning Description: C-3 and RHZ
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Year: 2025
  • Tax Annual Amount: 930.76

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2025 05/17/25 For Sale $1,900,000 -- --
Source: New Mexico MLS

Source: New Mexico MLS

MLS Number: 20252833

New Mexico MLS
New Mexico Colfax County Raton 87740

0 U S 87, Raton, NM

This home is located at 0 U S 87, Raton, NM 87740 and is currently priced at $1,900,000. 0 U S 87 is a home located in Colfax County with nearby schools including Longfellow Elementary School, Raton Intermediate School, and Raton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Wendy Mileta
Listing Agent
Wendy Mileta
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REALTY ONE OF NEW MEXICO - RATON
(575) 517-2818