0 2Nd St Raton, NM 87740
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.
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
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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.