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    Cedar St Raton, NM 87740

    For Sale
    $199,000

    Prime 20-acre development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 20.24-acre parcel of land presents a unique investment opportunity in Raton, New Mexico. Located on Cedar Street in Colfax County, this property offers significant potential for various development projects. The expansive acreage provides ample space for a wide range of uses, from residential subdivisions to commercial ventures, subject to local zoning regulations. The property's address is Cedar Street, Raton, NM 87740, with GPS coordinates of 36.8888328 latitude and -104.4308671 longitude. Given its size and location, this land offers considerable flexibility for developers seeking a substantial landholding in a growing area. The asking price for this remarkable property is $199,000. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, utility access, and environmental considerations before making an offer. This is a rare opportunity to acquire a significant land parcel in a desirable location, making it an attractive investment for those with a vision for future development. The property is classified as vacant land and is ready for immediate development. All interested parties should contact the listing agent for further information and to schedule a viewing.

    Property Features for 0 Cedar St

    General Information

    Property type
    Land
    Lot Size
    881,654 SF

    HighLights

    • 20.24‑acre vacant land parcel in Raton, NM.
    • Located on Cedar Street, Raton, NM 87740 (36.8888328, -104.4308671).
    • Suitable for residential or commercial development (subject to zoning).
    • Asking price: $199,000.
    • Buyer to conduct due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Raton
    County
    Colfax
    State
    New Mexico
    Longitude
    -104.4308671
    Latitude
    36.8888328

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    FAQs

    What type of property is this?
    Land - Prime 20-acre development opportunity.
    Where is this land located?
    The property is located at Cedar St Raton, NM.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 20.24-acre vacant land parcel in Raton, NM.; Located on Cedar Street, Raton, NM 87740 (36.8888328, -104.4308671).; Suitable for residential or commercial development (subject to zoning).
    (575) 707-1662
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    Cedar St Raton, NM 87740
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    Raton, NM 87740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Cedar St Raton, NM 87740
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