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    Tbd #2 Raton, NM 87740

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tbd #2

    Property type
    Land

    Description

    This exceptional 22,215.6 square foot lot presents a unique opportunity to build your dream home in Raton, New Mexico. Located at TBD #2 Stevens Streets, this approximately half-acre parcel boasts breathtaking views of the surrounding mesas. The property's ideal location offers convenient access to nearby utilities, simplifying the construction process. Imagine designing a home that perfectly complements the expansive landscape, incorporating features such as a spacious garage or workshop, ample RV parking, or simply a large, inviting yard. The generous lot size provides ample space for a variety of architectural styles and landscaping options. This is a rare chance to own a piece of land in a desirable location, offering both privacy and stunning natural beauty. The address is in Colfax County, New Mexico, with a zip code of 87740. The asking price for this remarkable property is $35,000. Don't miss this chance to create your ideal Raton retreat. This property is zoned for single-family residential use.

    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
    -104.434
    Latitude
    36.9155

    Comparable in this City

    • 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
      5.00 Acres

      475 Stevens St

      Farms • 5.00 Acres
      475 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
      3.65 Acres

      State St

      Land • 3.65 Acres
      0 State St, Raton, NM 87740
      View Details
    • Value Estimation by Request
      400.00 Acres

      Tbd Maxwell

      Land • 400.00 Acres
      0 Tbd Maxwell, Raton, NM 87740
      View Details
    • Value Estimation by Request

      Of Medical Park St

      Land
      0 Of Medical Park St, Raton, NM 87740
      View Details

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    Similar Nearby for Lease

    • $10 SF/Yr
      950 SF

      Freestanding Restaurant Space Available

      Restaurant space with full kitchen and dedicated pylon signage.
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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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    Tbd #2
    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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