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    Property profile & analytics

    1239 2Nd St Raton, NM 87740

    • Commercial real estate
    • 75,264 SF
    • 6.70 lot acres
    For Lease
    View listing
    $10 SF/Yr
    Value Estimation
    $890,000
    Last Sale
    Jun 20, 2023
    Location Intelligence
    Property ID
    US61-0840801
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1239 2Nd St

    Year built
    1999
    Lot size
    6.70 lot acres
    Property size
    75,264 SF
    Property type
    Commercial real estate
    APN
    1-135-184-309-339
    APU
    1135184309339

    Description

    This exceptional retail opportunity in Raton, New Mexico, offers a diverse range of spaces within an established shopping center at 1239 S 2nd St, 87740. The property encompasses three single-story buildings totaling 77,550 square feet, situated on 6.7 acres of land. Units range from a minimum of 950 square feet to a maximum contiguous space of 9,000 square feet, catering to various business needs. The center boasts excellent parking and prominent pylon signage ensuring high visibility for tenants. Strong co-tenancy includes a Super Save Discount Food Store, Dollar Tree, Family Dollar, and First National Bank, creating a thriving retail environment. A key feature is a proposed installation of 12 Tesla Supercharger stations, further enhancing the property's appeal and attracting a significant volume of traffic. A freestanding restaurant space is available, complete with a full kitchen, dining area, and dedicated pylon signage. The property also features a lighted, full-access point for convenient ingress and egress. Multiple tenancy options are available, making this an ideal location for a variety of retail and restaurant concepts. This is a rare opportunity to secure a space in a well-established, high-traffic retail center in a growing community.

    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
    -104.439
    Latitude
    36.8798

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,263
    $31,276
    $774,339
    $805,615
    -
    $93,828
    $2,323,017
    $2,416,845

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    Similar Nearby for Lease

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    • Contact for pricing
      3,200 SF

      Freestanding Restaurant Space Available

      Restaurant space with full kitchen and dedicated pylon signage.
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    1239 2Nd St
    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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