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    500 Amarillo Blvd Amarillo, TX 79107

    For Sale
    $300,000

    Prime Amarillo location, 2+ acres, buildable.

    Property size:
    2,142 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 2.04-acre commercial lot at 500 W Amarillo Boulevard in Amarillo, Texas presents a rare opportunity. Located within city limits, this expansive parcel offers significant advantages for developers and investors. Its strategic position near a major highway ensures high visibility and convenient access, making it ideal for a wide range of commercial ventures. The property boasts a substantial 2,142 square feet of buildable space, providing ample room for new construction. A key benefit is the already cleared land, eliminating the need for extensive site preparation, saving both time and money. The proximity to buildings undergoing significant renovations further underscores the area's revitalization and growth potential. This presents a unique chance to capitalize on the upward trajectory of this promising Amarillo location. The property is being offered at $300,000. Serious inquiries only. Please respect the "No Trespassing" signs and do not enter the property without proper authorization.

    Property Features for 500 Amarillo Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,142 SF
    Lot Size
    88,862 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Amarillo Confederate Heroes ... City Park

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.8396
    Latitude
    35.2224

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Amarillo location, 2+ acres, buildable.
    Where is this commercial real estate located?
    The property is located at 500 Amarillo Blvd Amarillo, TX.
    What is the asking price?
    The asking price for this property is $300,000.
    (214) 202-7615
    Request Owner's contact information
    500 Amarillo Blvd Amarillo, TX 79107
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    Amarillo, TX 79107
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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
    500 Amarillo Blvd Amarillo, TX 79107
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