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    475 Stevens St Raton, NM 87740

    • Land
    • 5.00 lot acres
    For Sale
    View listing
    $699,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 475 Stevens St

    Lot size
    5.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raton
    County
    Colfax
    State
    New Mexico
    Longitude
    -104.429
    Latitude
    36.9137

    Comparable in this City

    • Value Estimation by Request
      43.83 Acres

      39 Rancho Ln Ln

      Farms • 43.83 Acres
      39 Rancho Ln Ln, Raton, NM 87740
      View Details
    • Value Estimation by Request
      1,600.00 Acres

      Tbd Crk A-33 Rd

      Farms • 1,600.00 Acres
      0 Tbd Crk A-33 Rd, Raton, NM 87740
      View Details
    • Value Estimation by Request
      39.00 Acres

      475 - B Stevens St

      Land • 39.00 Acres
      475 - B Stevens St, Raton, NM 87740
      View Details
    • Value Estimation by Request

      Whittier St

      Land
      0 Whittier St, Raton, NM 87740
      View Details
    • Value Estimation by Request
      70.00 Acres

      Tbd Whittier St

      Land • 70.00 Acres
      0 Tbd Whittier St, Raton, NM 87740
      View Details
    • Value Estimation by Request
      55.00 Acres

      Market St

      Land • 55.00 Acres
      0 Market St, Raton, NM 87740
      View Details

    Similar Nearby for Sale

    • $980,000
      43.83 Acres

      Raton, NM Farm - 43 Acres

      Spacious NM Ranch, Stunning Views
      39 Rancho Ln Ln, Raton, NM 87740
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    • $699,000
      5.00 Acres

      475 Stevens Street

      Farms • 5.00 Acres
      475 Stevens St, Raton, NM 87740
      View Details
    • Contact for pricing

      Historic Adobe Equestrian Property

      Authentic adobe home on 42 acres, perfect equestrian setup.
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      Raton, NM Commercial Land Opportunity

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    • $400,000
      400.00 Acres

      400 Acres Commercial Land, Raton, NM

      Vast Commercial Land - Prime Location
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    • $40,000

      Prime Raton Commercial Land

      Level lot, ideal for development. Excellent location.
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    Similar Nearby for Lease

    • $13 SF/Yr
      1,300 SF

      Freestanding Restaurant with Supercharger Potential

      Freestanding restaurant with full kitchen and supercharger station potential.
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    • $10 SF/Yr
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      Raton Retail Center Spaces Available

      Prime Raton location, multiple spaces, high visibility.
      1239 2Nd St, Raton, NM 87740
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    • $8 SF/Yr
      8,125 SF

      Former Dollar General Retail Space

      Versatile retail space with high visibility and ample parking.
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    • $10 SF/Yr
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      Freestanding Restaurant Space Available

      Restaurant space with full kitchen and dedicated pylon signage.
      1249-1287 S 2Nd St, Raton, NM 87740
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    • Contact for pricing
      3,200 SF

      Freestanding Restaurant Space Available

      Restaurant space with full kitchen and dedicated pylon signage.
      1239-1265 S 2Nd St, Raton, NM 87740
      View Details
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    475 Stevens St
    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
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