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    45Th Ave Amarillo, TX 79109

    For Sale
    Contact for pricing

    Prime Amarillo commercial land, 1-15 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land offering presents a unique investment opportunity in Amarillo, Texas. Located south of 45th Avenue in Potter County, zip code 79109, this property boasts flexible lot sizes ranging from one to fifteen acres, ideal for various development projects. The land is zoned AG - Agricultural, and is situated in the rapidly expanding southwest Amarillo area, benefiting from significant growth and development. All essential utilities are already in place, simplifying the development process and reducing upfront costs. The property's strategic location offers excellent visibility and accessibility, surrounded by thriving businesses and developments. Nearby establishments include Town Square Village (a mixed-use retail and residential development), Cinergy, AirU Indoor Trampoline & Party Center, Verdure Fitness Center, Prime Chophouse, and Northwest Emergency at Town Square. Future additions such as Toot N' Totum and Wendy's will further enhance the area's appeal and foot traffic. Pad sites are available on Town Square Boulevard or Lexington Square, providing versatility for development options. This property is perfectly positioned for businesses seeking to capitalize on the thriving southwest Amarillo market, making it an attractive investment for developers and businesses alike. The property's proximity to established businesses and planned developments ensures a strong foundation for future success.

    Property Features for 0 45Th Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Prime location in Amarillo's rapidly expanding southwest quadrant.
    • Build‑to‑suit pad sites available on Town Square Blvd and Lexington Square.
    • Development‑ready land.
    • Adjacent to Town Square Village, a mixed‑use development currently under construction.
    • Strong existing tenant base including Cinergy, AirU, Verdure Fitness, Prime Chophouse, and Northwest Emergency.
    • Toot'n'Totum and Wendy's are soon to open nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.9382522491
    Latitude
    35.15033365635

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    FAQs

    What type of property is this?
    Land - Prime Amarillo commercial land, 1-15 acres.
    Where is this land located?
    The property is located at 45Th Ave Amarillo, TX.
    What are key features of this property?
    This property features: Prime location in Amarillo's rapidly expanding southwest quadrant.; Build-to-suit pad sites available on Town Square Blvd and Lexington Square.; Development-ready land.
    (806) 373-3111
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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
    45Th Ave Amarillo, TX 79109
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