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    Soncy At Hollywood Amarillo, TX 79119

    Sponsored
    For Sale
    Contact for pricing

    7.46 Acres, High Visibility, SW Amarillo

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.46-acre commercial land parcel presents a unique investment opportunity in southwest Amarillo, Texas. Strategically located at the northeast corner of the Soncy/Loop 335/Hollywood Road intersection, this property boasts unparalleled visibility thanks to two existing 14' x 48' billboards, offering the purchaser first rights to advertising. The site enjoys easy access to both Soncy Road and the new Loop 335, providing convenient connectivity. The property is zoned OCL (Outside City Limits) and is priced at $20 per square foot. Its prime location is surrounded by thriving residential communities including Greyhawk, The Greenways, The Colonies, and Westover, ensuring a strong demographic base. The Texas Department of Transportation is currently improving the intersection, further enhancing accessibility. The seller is willing to subdivide the land to accommodate the buyer's specific requirements, making this a highly adaptable and versatile investment. This is an exceptional opportunity to capitalize on the growth and development in this rapidly expanding area of Amarillo.

    Property Features for 0 Soncy At Hollywood

    General Information

    Property type
    Land
    Lot Size
    324,958 SF

    HighLights

    • Asking Price: $20 per square foot
    • 7.46‑acre lot
    • OCL Zoning (Outside City Limits)
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.9387645
    Latitude
    35.171272

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    FAQs

    What type of property is this?
    Land - 7.46 Acres, High Visibility, SW Amarillo
    Where is this land located?
    The property is located at Soncy At Hollywood Amarillo, TX.
    What are key features of this property?
    This property features: Asking Price: $20 per square foot; 7.46-acre lot; OCL Zoning (Outside City Limits)
    (806) 373-3111
    Request Owner's contact information
    Soncy At Hollywood Amarillo, TX 79119
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    Amarillo, TX 79119
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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
    Soncy At Hollywood Amarillo, TX 79119
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