0 Cedar St Raton, NM 87740
This exceptional 20.24-acre parcel of land presents a unique investment opportunity in Raton, New Mexico. Located on Cedar Street in Colfax County, this property offers significant potential for various development projects. The expansive acreage provides ample space for a wide range of uses, from residential subdivisions to commercial ventures, subject to local zoning regulations. The property's address is Cedar Street, Raton, NM 87740, with GPS coordinates of 36.8888328 latitude and -104.4308671 longitude. Given its size and location, this land offers considerable flexibility for developers seeking a substantial landholding in a growing area. The asking price for this remarkable property is $199,000. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, utility access, and environmental considerations before making an offer. This is a rare opportunity to acquire a significant land parcel in a desirable location, making it an attractive investment for those with a vision for future development. The property is classified as vacant land and is ready for immediate development. All interested parties should contact the listing agent for further information and to schedule a viewing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.