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    16298 Helium Rd Amarillo, TX 79119

    For Sale
    $365,000

    15.67 Acres, Buildable Land Near New Subdivision

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial land opportunity encompasses 15.67 acres of prime real estate in Amarillo, Texas, situated at the corner of Helium and Rockwell Roads. A significant portion, 5.59 acres, is designated as buildable, presenting a compelling prospect for developers and investors. The property enjoys a strategic location adjacent to the burgeoning Tierra Santa residential subdivision, ensuring high visibility and potential for substantial foot traffic and customer base. This advantageous positioning offers excellent prospects for a variety of commercial ventures, from retail spaces to light industrial uses. Prospective buyers should note that the property requires the installation of a septic system and well. Detailed deed restrictions for Phase 3 are available for review in the provided documentation. This is a rare chance to acquire a sizable parcel of land in a rapidly developing area of Amarillo, offering significant potential for future growth and return on investment. The asking price is $365,000. Don't miss this opportunity to secure a prime piece of Amarillo commercial real estate. Act quickly, as properties like this are in high demand. All interested parties are encouraged to review the provided documents thoroughly before making an offer.

    Property Features for 16298 Helium Rd

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.9544
    Latitude
    35.05495

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    FAQs

    What type of property is this?
    Commercial real estate - 15.67 Acres, Buildable Land Near New Subdivision
    Where is this commercial real estate located?
    The property is located at 16298 Helium Rd Amarillo, TX.
    What is the asking price?
    The asking price for this property is $365,000.
    (806) 359-4000
    Request Owner's contact information
    16298 Helium Rd Amarillo, TX 79119
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    Amarillo, TX 79119
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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
    16298 Helium Rd Amarillo, TX 79119
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