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    Smelter Rd Amarillo, TX 79124

    For Sale
    $560,000

    160 Acres, High-Fenced, $3500/Acre

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 160-acre property, located on Old Smelter Road in Amarillo, Texas, presents a rare opportunity for land acquisition. Currently unzoned for development, this high-fenced tract is ideally suited for cattle ranching or the creation of a private high-fence wildlife preserve. The land's natural beauty and undisturbed character are preserved by the absence of development zoning. The asking price is $560,000, translating to $3,500 per acre, and offers are considered. This represents a significant investment in a substantial land holding in a desirable location. The property's size and high fencing provide excellent security and containment for livestock or wildlife. Furthermore, there is an option to purchase additional acreage adjacent to the property, situated across the railroad tracks, for an additional cost. This presents a unique opportunity to expand the holding significantly. Serious inquiries are encouraged to explore this exceptional land investment opportunity in Amarillo, Texas. The property is offered as-is. All interested parties are responsible for conducting their own due diligence.

    Property Features for Smelter Rd

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.8665
    Latitude
    35.22928

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    FAQs

    What type of property is this?
    Commercial real estate - 160 Acres, High-Fenced, $3500/Acre
    Where is this commercial real estate located?
    The property is located at Smelter Rd Amarillo, TX.
    What is the asking price?
    The asking price for this property is $560,000.
    (806) 359-4000
    Request Owner's contact information
    Smelter Rd Amarillo, TX 79124
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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
    Smelter Rd Amarillo, TX 79124
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