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Flex Space with Showroom

1190 South, Raton, NM 87740

For Sale
$499,995

Commercial Sale, Raton, NM

Property Size10,000 SF
Lot Size0.44 Acres
Price / SF$49
Days on Market56

Property Features for 1190 South

General Information

Property type Commercial Sale
Property subtype Retail
Directions 1190 S 2nd St
Standard status Active
APN 1-135-184-244-485
Lot size 0.44 Acres

Taxes and HOA fees

Tax Description Subd: FAIRVIEW ADDITION - IN Block: 1 UPC 1135184244485 LAND 1 S 65 FEET LOT 1
Tax Annual Amount 5262
Legal Description Subd: FAIRVIEW ADDITION - IN Block: 1 UPC 1135184244485 LAND 1 S 65 FEET LOT 1

Amenities

LED lighting
security system with cameras

Building Details

Year built 1990
Listing Agency: Realty One Of New Mexico - Raton
Listed By: Wendy Mileta · License NM #19831
Added: Sep 17 Changed: Oct 8 Last Checked: Nov 11 at 9:06AM
MLS# 26001286

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
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Investment Insights

Based on property information with market context.

This 10,000-square-foot flex property was built in 1990 and occupies a 0.44-acre corner lot. Its layout includes 5,000 square feet of showroom and office space, a 2,500-square-foot shop, and 2,500 square feet of storage. Three 10' x 10' overhead doors serve the building, which also has 120/240V electric service, LED lighting, a camera security system, natural gas heat, and insulation. The roof was redone in 2020 with a 20-year warranty, and A/C units were installed in 2018.

Parking includes 14 striped spaces, two of them ADA, as well as overflow and frontage parking. The site has room for an additional 25' x 50' area or for more storage or parking.

Key Highlights

  • 10,000‑square‑foot building on a 0.44‑acre corner lot
  • 5,000 square feet of showroom and office space, plus a 2,500‑square‑foot shop and 2,500 square feet of storage
  • Three 10' x 10' overhead doors and 120/240V electric service

Property Analytics

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Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby
Balanced
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
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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 - The interior combines customer-facing showroom and office areas with dedicated shop and storage space.
Where is this flex space located?
The property is located at 1190 South Raton, NM.
What is the asking price?
The asking price for this property is $499,995.
What are key features of this property?
This property features: 10,000‑square‑foot building on a 0.44‑acre corner lot; 5,000 square feet of showroom and office space, plus a 2,500‑square‑foot shop and 2,500 square feet of storage; Three 10' x 10' overhead doors and 120/240V electric service
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