Highway 87
Raton, NM 87740
212.81Acres(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 youre planning
Property Details
Map
Map
Features
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Heating & Cooling
Heating: None Cooling: None
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Lot Information
Main Square Feet: 212.81 Acres Lot Size Acres: 212.81 Lot Size Square Feet: 9270003.6
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Listing Price Information
Listing Price: $1900000 Cash, Conventional
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Tax Information
Parcel Number: 11371850701541 Annual Tax: $931 Tax Legal Desc: S: 29 T: 31N R: 24E UPC 11371850701541 LAND 1 151.99 ACRES (2 MILES FENCE) 19.61 ACRES IN CITY WD1-P815 WD4-P1028 WD118063 ADD 41.21 ACRES (ANNEXED BK8-P10754)TOTAL: 60.82 ACRES
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Homeowners Association InformationHas Association: Yes
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School Information
Elementary School: None/OtherJunior High School: None/OtherSenior High School: None/Other -
Utility Information
Cable Available, Electricity Not Available, Natural Gas Not Available -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 97 Card Ave, Raton, NM, 87740 | $87,500 | -- | -- | -- | 1.68 Acres(Lot) |
| 1234 Tiger Dr, Raton, NM, 87740 | $30,000 | -- | -- | -- | 0.77 Acre(Lot) |
| Of Medical Park St, Raton, NM, 87740 | $30,000 | -- | -- | -- | 0.69 Acre(Lot) |
| Market St, Raton, NM, 87740 | $300,000 | -- | -- | -- | 55 Acres(Lot) |
| Whittier St, Raton, NM, 87740 | $700,000 | -- | -- | -- | 70 Acres(Lot) |
| 1789 Hospital Dr, Raton, NM, 87740 | $37,500 | -- | -- | -- | 0.54 Acre(Lot) |
| 1425 S 5th St, Raton, NM, 87740 | $35,000 | -- | -- | -- | 0.51 Acre(Lot) |
| 450 Francis Ave. Ave, Raton, NM, 87740 | $2,400,000 | -- | -- | -- | 230.23 Acres(Lot) |
| 1400 Scenic Rd, Raton, NM, 87740 | $479,000 | 5 | 4 | 4,202 | 2.50 Acres(Lot) |
Similar Land To Highway 87
Nearby For Sale
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.
ByOwner last updated this listing 09/07/2026 @ 00:11
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