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    2701 W Farmers Ave Amarillo, TX 79118

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    For Sale
    $2,352,240

    Two lots available, purchase together or separately, outside city limits.

    Lot size:
    5.40 Acres

    Property Features for 2701 W Farmers Ave

    General Information

    Lot size
    5.40 Acres

    Source: Gaut Whittenburg Emerson CRE Agent Ben Whittenburg

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

    Overview

    Commercial Land on Corner Lot

    Two lots are available for purchase, either together or separately. The properties are served by city water and sewer, although they are located outside the city limits. The first lot comprises 2.00 acres and is situated on a hard corner, featuring 295' of frontage on both W. Farmers Ave and S. Georgia St. The second lot spans 5.40 acres with 260' of frontage on W. Farmers Ave and 250' on S. Georgia St. The seller is willing to consider dividing this lot. Combined, the two lots total 7.40 acres, with 550' of frontage on W. Farmers Ave and 545' on S. Georgia St.
    Insight Report Location Intelligence

    Current Use by Public Records

    TNT Fireworks Fireworks Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8665615
    Latitude
    35.1343405

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    FAQs

    What type of property is this?
    Land - Two lots available, purchase together or separately, outside city limits.
    Where is this land located?
    The property is located at 2701 W Farmers Ave Amarillo, TX.
    What is the asking price?
    The asking price for this property is $2,352,240.
    What are key features of this property?
    This property features: - Prime hard corner location with significant frontage (295') on both W. Farmers and S. Georgia.; - Large acreage available (5.40 acres or combined 7.40 acres) suitable for development.; - Frontage on two major roads: W. Farmers (550' total) and S. Georgia (545' total).
    (806) 373-3111
    Request Owner's contact information
    2701 W Farmers Ave Amarillo, TX 79118
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    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
    2701 W Farmers Ave Amarillo, TX 79118
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