Current Use by Public Records
- Land
Property Details for 0 State St
- Lot size
- 3.65 lot acres
- Property type
- Land
Description
This exceptional 3.653-acre commercial land parcel presents a unique investment opportunity in Raton, New Mexico. Strategically located on State Street in Colfax County, this property boasts convenient access to Interstate 25, enhancing its visibility and accessibility. Its prime location places it in close proximity to a thriving shopping center, various retail stores, and established residential areas, ensuring high traffic and potential customer base. The property's zoning allows for commercial development, making it ideal for a wide range of businesses. Adding to its appeal, the land is situated adjacent to an RV park, providing a built-in source of potential customers and further enhancing its commercial viability. Furthermore, its location just one block from Raton's main street guarantees significant foot traffic and exposure. The asking price of $99,500 represents a compelling value for this well-positioned commercial land, offering significant potential for future growth and return on investment. The property's size and location make it an attractive option for developers and entrepreneurs seeking a foothold in a growing New Mexico market. The zip code is 87740. This is a rare opportunity to acquire a substantial commercial lot in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Raton
- County
- Colfax
- State
- New Mexico
- Longitude
- -104.443
- Latitude
- 36.8791
