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    208 Prairie Pt Canyon, TX 79015

    For Sale
    $780,000

    86+ Acres, Prime Development Land

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 86+ acre commercial property presents a unique investment opportunity in the rapidly expanding Canyons at Currie Ranch development, located just outside of Amarillo, Texas. Situated at 208 Prairie Point, Canyon, TX, this expansive tract offers significant potential for developers seeking a large-scale project or individuals looking for a substantial landholding. The property boasts convenient access to existing utilities, with natural gas and electricity readily available on both the east and west boundaries. This established infrastructure significantly reduces development hurdles and accelerates project timelines. The sellers are actively seeking a buyer with a clear vision for the land, demonstrating a collaborative approach to development. This prime location within one of the fastest-growing areas surrounding Amarillo ensures strong future appreciation and a high demand for commercial development. The expansive acreage provides ample room for a variety of commercial ventures, from large-scale retail centers to industrial parks or mixed-use developments. This is a rare opportunity to acquire a significant land parcel in a thriving market, offering substantial returns for the right investor or developer. The asking price for this exceptional property is $780,000. Contact us today to learn more and explore the possibilities.

    Property Features for 208 Prairie Pt

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canyon
    County
    Randall
    State
    Texas
    Longitude
    -101.7923
    Latitude
    35.03279

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    FAQs

    What type of property is this?
    Commercial real estate - 86+ Acres, Prime Development Land
    Where is this commercial real estate located?
    The property is located at 208 Prairie Pt Canyon, TX.
    What is the asking price?
    The asking price for this property is $780,000.
    (806) 358-7421
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    208 Prairie Pt Canyon, TX 79015
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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
    208 Prairie Pt Canyon, TX 79015
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