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Interstate Site with Billboard Income
For Sale
$999,999

1516 E Interstate 40, Amarillo, TX 79103

Prominent commercial site with frontage and supplemental lease income.

Property SizeContact for details
Days on Market171

Property Features for 1516 E Interstate 40

General Information

Standard status Active
Property subtype Mixed Use
Listing Agency: Coldwell Banker Commercial First Equity
Listed By: Justin Kite
Source: Cbcworldwide
Added: Mar 5 Changed: Jul 6 Last Checked: Apr 9 at 9:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial First Equity

Investment Insights

Based on property information with market context.

This property presents a rare opportunity to acquire a prominent site situated along a key commercial corridor. The location features significant frontage of over 280 feet on the south side of East Interstate 40, providing excellent access. The property benefits from supplemental lease income generated by a billboard, offering immediate cash flow. This site is located in Amarillo, TX.

Key Highlights

  • Prime interstate site in a key commercial corridor
  • Significant frontage (over 280 feet) on East Interstate 40
  • Excellent access

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby

Demographics for 79103, TX

10,532
Population
3,784
Households
2.8
Avg Household Size
34
Median Age
13%
College-Educated
80%
High-School Grad
4.3 sq mi
ZIP Area
2,449
Density / Sq Mi
$55,885
Median Household Income
$35,862
Median Earnings
$1,197
Median Rent
$123,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Prominent commercial site with frontage and supplemental lease income.
Where is this mixed-use property located?
The property is located at 1516 E Interstate 40 Amarillo, TX.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Prime interstate site in a key commercial corridor; Significant frontage (over 280 feet) on East Interstate 40; Excellent access
More about this property
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