1.96 mi
Distance
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.
Listing By: Wendy Mileta - Realty One Of New Mexico - Raton 
- MLS# 20252833
- Date Listed05/17/2025
- Days on Realty 503 Days
- Bedrooms -
- Bathrooms
- Lot Size 212.81 acres (9,270,004 sq. ft)
- Sewer Septic Needed
- Property Type Unimproved Land
- County Colfax County
- Water Near-Site
Exterior / Lot Features
- Roof -
- Lot Size Acres 212.81
- Lot Size SQFT 9,270,003.60
- Lot Features Irregular Lot
Financial Considerations
- Tax Amount $931
- Terms Cash, Conventional, FHA, VA Loan
Schools near 87740
Explore the local neighborhood highlights and top-rated schools near 87740 in Raton, NM.
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
Local Neighborhood Highlights for 87740
Discover key demographics, population statistics, and environmental insights for the Raton, NM area.
Population & Environment
Source: Sperling's Best Places
0/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
24/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 23/100.
Points of Interest near Highway 87, Raton, NM 87740
Frequently Asked Questions for Highway 87
Source: Realty.com
Highway 87, Raton, NM 87740 in Raton, NM 87740 is a unimproved land listed at $1,900,000. Highlights include 212.81 acre lot. Realty.com has 26 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 26 photos of Highway 87.
The full address for this home is Highway 87, Raton, NM 87740.
Highway 87 has been listed on Realty.com since Sat May 17, 2025
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 23/100.
There are 2 schools assigned to this home. Check out the schools near Highway 87. Longfellow Elementary School (Grades: PK - 2), Raton High School (Grades: 7 - 12)
Listing provided courtesy of:
Realty One Of New Mexico - Raton
(tel: 5757071662)
Listing agent:
Wendy Mileta
(#LVMILE)
This content last refreshed on 2026-10-02 21:37:17. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
