Search
Flex Space with Overhead Doors
New
For Sale
$89,900

428 N 2nd St, Raton, NM 87740

Commercial Sale, Raton, NM

Property SizeContact for details
Lot Size0.19 Acres
Days on Market4

Property Features for 428 N 2nd St

General Information

Property type Commercial Sale
Property subtype Other
Interior features Overhead Door(s)
Appliances Water Heater
Directions 428 N 2nd street. West side of North 2nd street, across from Ripley Park.
Standard status Active
APN 11351866298237
Lot size 0.19 Acres

Additional Details

Real Estate Included Yes
Automotive Uses auto repair
Property Use Commercial

Taxes and HOA fees

Tax Description Maxwell North Addition Lot 6,7, 8 Block 10 UPC11351866298237 (Less h/w) swd201200421
Tax Annual Amount 999
Legal Description Maxwell North Addition Lot 6,7, 8 Block 10 UPC11351866298237 (Less h/w) swd201200421

Utilities

Heating system Forced Air, Natural Gas, Central

Amenities

dual overhead doors
heated shop space
updated electrical panel with 3 phase capability
office and reception area
nice windows
single bathroom
good lighting

Building Details

Year built 1950
Roof type Metal, Flat
Buildings 1
Listing Agency: Home Associates, Inc
Listed By: Wesley Seneff · License #49938
Added: Nov 3 Last Checked: Nov 6 at 7:06AM
MLS# 26002140

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1950, this flex property has cinderblock construction and two overhead doors. The shop area is heated, and the electrical panel has been updated with three-phase capability. A separate office and reception area includes windows, lighting, and a single bathroom. Roofing materials include metal and rolled roofing.

The property occupies a 0.19-acre lot at 428 N 2nd St in Raton, within an Opportunity Zone. Heating is listed as forced air, natural gas, and central. The layout combines shop space with office and reception functions.

Key Highlights

  • Two overhead doors serve the shop area
  • Heated shop with updated electrical panel and three‑phase capability
  • 0.19‑acre site at 428 N 2nd St, Raton

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Heated shop space is paired with a separate office and reception area.
Where is this flex space located?
The property is located at 428 N 2nd St Raton, NM.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Two overhead doors serve the shop area; Heated shop with updated electrical panel and three‑phase capability; 0.19‑acre site at 428 N 2nd St, Raton
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved