Mixed-Use Land for Sale in Raton, New Mexico
Colfax County, Raton, NM 87740
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 a business park, commercial center, or residential community, this high-profile location offers limitless potential.
Location
- County
- Colfax County
- Zip code
- 87740
- Community
- New Mexico MLS
- Elevation
- 6,432 feet
Property details
- Acreage
- 212.81 acres
- Zoning
- C-3 and RHZ
- MLS #
- NMMLS 20252833
- Posted
Property taxes
- Recent
- $931
Parcels
- 11371850701541
Legal description
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
Details and features
Listing
- Type
- Land
- Address
- Highway 87
Structure
- Sewer
- Septic Needed
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 2, 2026 | New listing | $1,900,000 | — | NMMLS |