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    3101 Ranch Rd, Unit To Market 1061 Amarillo, TX 79124

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    For Sale
    $4,556,944

    Commercial land available outside city limits, can be subdivided.

    Lot size:
    10.49 Acres

    Property Features for 3101 Ranch Rd

    General Information

    Lot size
    10.49 Acres

    Source: Coldwell Banker Commercial First Equity, Realtors Agent Robert "Bob" Garrett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land at Loop 335

    This commercial land is located outside of the city limits at the corner of Loop 335 and Tascosa Rd. The property can be subdivided into two sites: Site 1 comprises 4.69 acres, and Site 2 comprises 10.49 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.966793
    Latitude
    35.251633

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    FAQs

    What type of property is this?
    Land - Commercial land available outside city limits, can be subdivided.
    Where is this land located?
    The property is located at 3101 Ranch Rd, Unit To Market 1061 Amarillo, TX.
    What is the asking price?
    The asking price for this property is $4,556,944.
    What are key features of this property?
    This property features: - Property can be subdivided.; - Located outside city limits.; - **Corner lot at Loop 335 and Tascosa Rd.**
    (806) 670-0800
    Request Owner's contact information
    3101 Ranch Rd, Unit To Market 1061 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
    3101 Ranch Rd, Unit To Market 1061 Amarillo, TX 79124
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