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    127 Clayton Rd Raton, NM 87740

    For Sale
    $350,000

    Prime Raton location, bar/retail, manufactured home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This unique Raton, New Mexico property presents a compelling investment opportunity. Located at 127 Clayton Rd, 87740, this commercial and residential property boasts a prime location just off Highway 87 and I-25, ensuring high visibility on a busy thoroughfare. The main structure is a former bar, described as the "best spot in town" in its heyday, featuring a dance floor area, two restrooms, a bar, and ample storage space. The property's potential extends beyond its retail space; it includes a manufactured home situated at the rear, ideal for an owner-operator seeking on-site living. Adjacent to the main building is a currently rented office space, providing additional rental income potential. The property sits on a large lot, offering significant expansion possibilities or additional development potential. The asking price is $350,000. While the square footage is not currently specified, the property's features and location make it a strong contender for a variety of uses. The property's history as a popular bar, combined with its strategic location and the inclusion of a residential component, presents a rare opportunity for a savvy investor. This is a chance to acquire a well-positioned property with significant upside potential in a growing New Mexico market.

    Property Features for 127 Clayton Rd

    General Information

    Property type
    Individual retail properties

    HighLights

    • $350,000 asking price.
    • Retail and industrial property; storefront subtype.
    • Located at 127 Clayton Rd, Raton, NM 87740.
    • Includes a bar/retail space and manufactured home on a large lot.
    • High visibility on a busy road near Hwy 87 and I‑25.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raton
    County
    Colfax
    State
    New Mexico
    Longitude
    -104.4392155
    Latitude
    36.884463

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    FAQs

    What type of property is this?
    Individual retail property - Prime Raton location, bar/retail, manufactured home.
    Where is this individual retail property located?
    The property is located at 127 Clayton Rd Raton, NM.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; Retail and industrial property; storefront subtype.; Located at 127 Clayton Rd, Raton, NM 87740.
    Request Owner's contact information
    127 Clayton Rd 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
    127 Clayton Rd Raton, NM 87740
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