1239 2Nd StRaton, NM 87740

  • Commercial real estate
  • 75,264 SF
For Lease
$10/SF/YR View listing

Property Details for 1239 2Nd St

Year built
1999
Lot size
6.70 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,843,586
    Hospitality
    $17,260,624
    Educational
    $14,360,637
    Medical
    $14,854,521
    Retail
    $22,338,768

Location Insight

City
Raton
County
Colfax
State
New Mexico
Latitude
36.8798
Longitude
-104.439

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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