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    State St Raton, NM 87740

    For Sale
    $99,500

    3.65 Acres, Prime Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.65-acre commercial land parcel presents a unique investment opportunity in Raton, New Mexico. Located in Colfax County, with a convenient address in Raton, NM 87740 (precise address withheld for privacy), this property offers significant potential for various commercial ventures. The expansive lot size provides ample space for development, allowing for flexibility in design and construction. The asking price is $99,500, representing a compelling value for this sizable tract of land in a growing area. Given its location in Raton, this property benefits from access to local amenities and infrastructure, making it an attractive option for businesses seeking a strategic location. The property's latitude and longitude coordinates are 36.879143, -104.4426005, allowing for easy identification and mapping. This is a blank canvas for your next commercial project, offering the chance to build to suit your specific needs and vision. Serious inquiries are encouraged to explore the possibilities of this prime commercial land. The property is designated as commercial land and is ready for immediate development. This represents a rare opportunity to acquire a substantial land holding in a desirable location at an attractive price point. Don't miss out on this chance to secure your future in Raton, New Mexico.

    Property Features for 0 State St

    General Information

    Property type
    Land
    Lot Size
    158,994 SF

    HighLights

    • $99,500 asking price.
    • 3.65‑acre commercial land parcel.
    • Located in Raton, NM, zip code 87740.
    • Situated in Colfax County, New Mexico.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Raton
    County
    Colfax
    State
    New Mexico
    Longitude
    -104.4426005
    Latitude
    36.879143

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    FAQs

    What type of property is this?
    Land - 3.65 Acres, Prime Commercial Land
    Where is this land located?
    The property is located at State St Raton, NM.
    What is the asking price?
    The asking price for this property is $99,500.
    What are key features of this property?
    This property features: $99,500 asking price.; 3.65-acre commercial land parcel.; Located in Raton, NM, zip code 87740.
    (575) 707-1662
    Request Owner's contact information
    State 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
    State St Raton, NM 87740
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