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    Whittier St Raton, NM 87740

    For Sale
    $40,000

    Prime Raton location, near I-25 & Main.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land offering presents four contiguous lots ideally situated in Raton, New Mexico. Priced at $40,000, this property boasts an unparalleled location, just off Highway 87 and Main Street, providing convenient access to Interstate 25. The lots are situated close to the heart of Raton, offering proximity to established businesses, convenience stores, and high traffic areas. This makes them perfect for a variety of commercial developments. The property benefits from recently installed curb and gutter infrastructure, simplifying development and reducing upfront costs for potential buyers. The address is on Whittier Street, in Colfax County, New Mexico, zip code 87740. The lots are ready for new construction, presenting a unique opportunity for investors and developers seeking a prime location in a growing community. The strategic positioning near major transportation routes ensures high visibility and accessibility, making it an attractive investment for businesses seeking a strong foothold in the Raton market. This is a rare opportunity to acquire four commercial lots in a desirable location at an attractive price point. Don't miss out on this chance to build your business in a thriving community.

    Property Features for 0 Whittier St

    General Information

    Property type
    Land

    HighLights

    • $40,000 asking price for commercial land.
    • Located in Raton, New Mexico.
    • Four commercial lots near Main Street and convenience stores.
    • Excellent site for new construction, close to Hwy 87, I‑25, and Main Street.
    • New curb and gutter installed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Raton
    County
    Colfax
    State
    New Mexico
    Longitude
    -104.4386075
    Latitude
    36.8817328

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    FAQs

    What type of property is this?
    Land - Prime Raton location, near I-25 & Main.
    Where is this land located?
    The property is located at Whittier St Raton, NM.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: $40,000 asking price for commercial land.; Located in Raton, New Mexico.; Four commercial lots near Main Street and convenience stores.
    (575) 707-1662
    Request Owner's contact information
    Whittier 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
    Whittier St Raton, NM 87740
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