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    2801 N Grand St Amarillo, TX 79103

    For Sale
    $1,350,000

    89-acre land parcel suitable for residential development in Amarillo.

    Lot size:
    89.00 Acres

    Property Features for 2801 N Grand St

    General Information

    Lot size
    89.00 Acres

    Source: Gaut Whittenburg Emerson CRE Agent Jeff Gaut

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

    Overview

    89-Acre Land Parcel in Amarillo

    This 89-acre land parcel is located on North Grand Street in northeast Amarillo, a high-traffic area. Zoned Agricultural, the property is suitable for residential development and construction companies, and may be an ideal location for construction dirt and base materials. City water and sewer services run along the frontage road.
    Location Intelligence

    Current Use by Public Records

    Mandy McKinley Motel North Grand Villas ... Apartment Building Amina's hair braiding Hair Salon

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.7960008
    Latitude
    35.2419646

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    FAQs

    What type of property is this?
    Land - 89-acre land parcel suitable for residential development in Amarillo.
    Where is this land located?
    The property is located at 2801 N Grand St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - 89-acre land parcel suitable for development.; - Located on North Grand Street in a high-traffic area of northeast Amarillo.; - City water and sewer available along the frontage road.
    (806) 373-3111
    Request Owner's contact information
    2801 N Grand St Amarillo, TX 79103
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    Amarillo, TX 79103
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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
    2801 N Grand St Amarillo, TX 79103
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