Building Details

Year built 1969

Building materials Frame

Listing Agency: Realty One Of New Mexico - Raton Show Phone

Listed By: Wendy Mileta · License #19831 Show Phone

Added: Sep 12, 2025 Changed: Oct 8 Last Checked: Oct 10 at 6:06PM

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MLS# 20255296

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,301-square-foot retail property occupies a 0.43-acre parcel in Raton. Built in 1969 with frame construction, the building is heated by a natural gas space heater. The prior use as a Texaco station is part of the property’s history.

The property is at 200 Canyon Dr, near the north end of town and just off the first I-25 exit. Its position along traffic entering from the interstate is noted in the property information.

Key Highlights

• 1,301‑square‑foot building on a 0.43‑acre lot
• Frame construction; built in 1969
• Natural gas space heater

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Big Box & Wholesale Store Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

272

Businesses Nearby

Explore this area Business Placement

Demographics for 87740, NM

7,138

Population

3,889

Households

1.8

Avg Household Size

48

Median Age

19%

College-Educated

89%

High-School Grad

1,306.7 sq mi

ZIP Area

5

Density / Sq Mi

$52,856

Median Household Income

$32,093

Median Earnings

$734

Median Rent

$157,000

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - A compact commercial building offers a flexible footprint for retail or shop use.

Where is this retail space located?

The property is located at 200 Canyon Dr Raton, NM.

What is the asking price?

The asking price for this property is $50,000.

What are key features of this property?

This property features: 1,301‑square‑foot building on a 0.43‑acre lot; Frame construction; built in 1969; Natural gas space heater