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Flex Building with Showroom
For Sale
$499,995

1190 South, Raton, NM 87740

Commercial Sale, Raton, NM

Property Size10,000 SF
Lot Size0.44 Acres
Price / SF$49
Days on Market11

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

security system

Building Details

Year built 1990
Listing Agency: Realty One Of New Mexico - Raton
Listed By: Wendy Mileta · License #19831
Added: Sep 17 Changed: Sep 18 Last Checked: Sep 27 at 8:06AM
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.

Investment Insights

Based on property information with market context.

This 10,000-square-foot flex building on 0.44 acres combines 5,000 square feet of showroom and office area with a 2,500-square-foot shop and 2,500 square feet of storage. The property includes three 10' x 10' overhead doors, 120/240v electrical service, LED lighting, a camera-equipped security system, natural gas heat, and reinforced concrete construction. Fourteen striped parking spaces include two ADA spaces, with additional overflow and frontage parking.

Located at 1190 South in Raton, the property occupies a corner lot and offers room for a potential 25' x 50' addition or expanded storage and parking. The roof was replaced in 2020 with a 20-year warranty, and A/C units were installed in 2018. Efficient insulation and the existing utility infrastructure support a range of showroom, workshop, storage, and mixed commercial operations.

Key Highlights

  • 10,000‑square‑foot flex building on 0.44 acres
  • 5,000 SF showroom/office, 2,500 SF shop, and 2,500 SF storage
  • Three 10' x 10' overhead doors

Property Analytics

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Current Use

Flex space

Lease Details

Yes
Utilities to site

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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial building with showroom, shop, storage, overhead doors, and dedicated parking.
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 flex building on 0.44 acres; 5,000 SF showroom/office, 2,500 SF shop, and 2,500 SF storage; Three 10' x 10' overhead doors
More about this property
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