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Highway 87, 
Raton, NM 87740

$1,900,000


Bed


Bath


-

Sq Ft


212.81

Acres (Lot)


Land

Active

Listed by

Wendy Mileta

Realty One Of New Mexico - Raton

575-707-1662

Last updated:

June 10, 2025, 03:07 PM

MLS#

20252833

Source:

NM RANM

About This Land

Highway 87

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

212.81

MLS #:

20252833

Last Updated:

June 10, 2025, 03:07 PM

Added:

a month ago


Finances & Disclosures

Finances

Price:

$1,900,000

Source:NM RANM
The information being provided by Realtor Association of New Mexico is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Realtor Association of New Mexico All rights reserved.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.