1239 2nd St Raton, NM 87740-2234
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.