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Property profile & analytics
OFF-MARKET
Land

0 2Nd St Raton, NM 87740

1.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.65-acre commercial lot is situated on TBD S 2nd Street in Raton, New Mexico, zip code 87740. The property is zoned C3, a General and Highway Servicing District, offering significant development potential. The asking price is $75,000. Its strategic location ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. Given the C3 zoning, permitted uses include, but are not limited to, restaurants, retail establishments, and cannabis retail dispensaries. The ample lot size provides flexibility for substantial building projects or the creation of a multi-tenant complex. This property presents a unique opportunity for investors and entrepreneurs seeking a high-traffic location in a growing community. The lot's size and zoning regulations make it a highly attractive investment in a dynamic market. Its location in Colfax County, New Mexico, offers easy access to major transportation routes, further enhancing its commercial viability. This is a rare opportunity to acquire a significant commercial parcel in a desirable location with a wide range of permitted uses. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 1.65 ac (71,874 SF)
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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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