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 you’re plannin
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Main Square Feet: 212.81 Acres Lot Size Acres: 212.81 Lot Size Square Feet: 9270003.6 Lot Description: Irregular Lot
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Listing Price Information
Listing Price: $1900000 Cash, Conventional
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Tax Information
Parcel Number: 11371850701541 Tax Year: 2025 Annual Tax: $930.76 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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Utility Information
Natural Gas Not Available, Electricity Not Available, Water Available -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| TBD Whittier Street, Raton, NM, 87740 | $700,000 | -- | -- | -- | 70 Acres(Lot) |
| 97 & 99 Card Avenue, Raton, NM, 87740 | $175,000 | -- | -- | -- | 1.68 Acres(Lot) |
| 1042 Clayton Highway, Raton, NM, 87740 | $275,000 | -- | -- | -- | 2 Acres(Lot) |
| 632 N 2nd Street, Raton, NM, 87740 | $18,000 | -- | -- | -- | 9,000 Sqft(Lot) |
| TBD Woodrow Avenue, Raton, NM, 87740 | $40,000 | -- | -- | -- | 5.48 Acres(Lot) |
| 604 Galisteo Avenue, Raton, NM, 87740 | $289,500 | 3 | 3 | 2,339 | 5,950 Sqft(Lot) |
| 1789 Hospital Drive, Raton, NM, 87740 | $75,000 | -- | -- | -- | 23,522.40 Sqft(Lot) |
| 450 Francis Avenue, Raton, NM, 87740 | $2,400,000 | -- | -- | -- | 230.23 Acres(Lot) |
| 1400 Scenic Road, Raton, NM, 87740 | $479,000 | 5 | 4 | 4,202 | 2.50 Acres(Lot) |
Similar Land To Highway 87
Nearby For Sale
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ByOwner last updated this listing 06/06/2026 @ 18:16
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