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Property profile & analytics
OFF-MARKET Estimated value $5,400,000
Commercial real estate

1239 2nd St Raton, NM 87740-2234

75,264 SF 6.7 ac lot Built 1999
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US61-0840801
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1999
Total area 75,264 SF
Lot 6.7 ac (291,939 SF)
APN 1-135-184-309-339
UPID US61-0840801
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.40M
Owner & transaction history
Dona Ana Plaza LLC · 3 yrs held
Dona Ana Plaza LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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