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Property profile & analytics
OFF-MARKET
Land

0 Whittier St Raton, NM 87740

Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Raton, New Mexico. Encompassing a substantial 22,000 square feet, this property is ideally situated for new construction projects. Its strategic location offers convenient access to Raton's main street and a variety of nearby convenience stores, ensuring high visibility and accessibility for any future business. The lot benefits from its proximity to Highway 87 and is conveniently located just off Interstate 25, providing excellent connectivity for regional and interstate commerce. The property boasts recently installed curb and gutter infrastructure, simplifying development and reducing upfront costs for potential buyers. This is a rare opportunity to acquire a well-positioned commercial lot in a growing community, ready for immediate development. The asking price of $35,000 makes this an attractive investment for developers and entrepreneurs seeking a prime location in Colfax County, New Mexico, with the zip code 87740. The address is on Whittier Street.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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