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    Hollywood Rd Amarillo, TX 79118

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    For Sale
    $677,740

    Highly accessible commercial land adjacent to residential development and school.

    Lot size:
    1.11 Acres

    Property Features for Hollywood Rd

    General Information

    Lot size
    1.11 Acres

    Source: Gaut Whittenburg Emerson CRE Agent Cathy Derr, CCIM

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

    Overview

    Prime Land Near Randall High

    This commercial land is located across Hollywood Road/Loop 335 from Randall High School, which has an enrollment of 1,787 students. It is adjacent to "The Pinnacle" by Rockrose, a residential development featuring 750 homesites with prices starting at $300,000 and above. Lot B provides 105 feet along Hollywood, ensuring visibility and accessibility. All necessary utilities are conveniently adjacent to the property. Situated on the north side of Pak-A-Sak, at the corner of Bell and Hollywood, the location offers accessibility. A convenient ramp provides direct access to Loop 335 and easy connections to I-27, making it a high-traffic, well-connected location.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.825526
    Latitude
    35.120218

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    FAQs

    What type of property is this?
    Land - Highly accessible commercial land adjacent to residential development and school.
    Where is this land located?
    The property is located at Hollywood Rd Amarillo, TX.
    What is the asking price?
    The asking price for this property is $677,740.
    What are key features of this property?
    This property features: - High-traffic location at the corner of Bell and Hollywood, with direct ramp access to Loop 335 and easy connections to I-27.; - Located across from Randall High School (1,787 students).; - Adjacent to "The Pinnacle" by Rockrose, a residential development with 750 homesites starting at $300,000.
    (806) 373-3111
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    Hollywood Rd Amarillo, TX 79118
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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
    Hollywood Rd Amarillo, TX 79118
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