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    8501 Fm 2219 Amarillo, TX 79119

    For Sale
    $450,000

    High-growth area, prime commercial lots.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, located at 8501 FM 2219 in Amarillo, Texas, presents a unique investment opportunity. The property boasts excellent visibility and accessibility due to its strategic location along FM 2219, just minutes from Interstate 27. This prime location offers significant advantages for businesses seeking high traffic volume and strong exposure. The area is experiencing rapid growth, with over 25,000 residents within a 5-mile radius, creating a robust customer base for various business types. The surrounding area is characterized by new residential and commercial developments, further enhancing the property's value and potential. This makes it an ideal location for retail establishments, office spaces, or service-oriented businesses seeking to capitalize on the area's expanding population and increasing traffic flow. The property's proximity to I-27 ensures easy access for customers and employees alike, enhancing its overall appeal and convenience. This is a rare opportunity to acquire a commercial property in a thriving area with significant growth potential. The asking price is $450,000. The property is classified as General Commercial.

    Property Features for 8501 Fm 2219

    General Information

    Property type
    Other commercial real estate
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.9337
    Latitude
    35.05769

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    FAQs

    What type of property is this?
    Commercial real estate - High-growth area, prime commercial lots.
    Where is this commercial real estate located?
    The property is located at 8501 Fm 2219 Amarillo, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    (972) 338-5441
    Request Owner's contact information
    8501 Fm 2219 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
    8501 Fm 2219 Amarillo, TX 79119
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