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    9000 Georgia St Palisades, TX 79118

    For Sale
    Contact for pricing

    62 Acres, Retail/Industrial Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Exceptional commercial land opportunity in Amarillo, Texas, totaling 62 acres situated at the highly visible southeast corner of Loop 335 and South Georgia Street. This property offers significant frontage on both major thoroughfares: 1,936 feet on Loop 335 and 1,040 feet on South Georgia Street. The site is strategically divided into two parcels, allowing for flexible development options. One parcel encompasses 2 acres, ideally suited for retail development, boasting 295 feet of frontage on both Loop 335 and South Georgia Street, and is priced at $12 per square foot. The second parcel comprises 60 acres, perfect for industrial uses, with substantial frontage of 1,641 feet on Loop 335 and 745 feet on South Georgia Street, priced at $4 per square foot. Both parcels are available for purchase individually or together. While located outside city limits, the property benefits from convenient access to city water and sewer utilities. The seller is open to subdividing the 60-acre parcel, with pricing adjusted based on the specific use, location, and size of the subdivided lot. This prime location presents a rare opportunity for significant commercial development in a rapidly growing area. The address is 9000 S Georgia St, Amarillo, TX 79118, in Randall County.

    Property Features for 9000 Georgia St

    General Information

    Property type
    Land

    HighLights

    • 62‑acre commercial land opportunity in Amarillo, TX, at Loop 335 & S Georgia St.
    • High visibility with 1,936 ft. of Loop 335 frontage and 1,040 ft. on S Georgia St.
    • Divided into two parcels: a 2‑acre retail parcel ($12/sq.ft.) and a 60‑acre industrial parcel ($4/sq.ft.).
    • Individual or combined parcel purchase available; seller open to subdividing the 60‑acre parcel.
    • Convenient access to city water and sewer; located in Randall County at 9000 S Georgia St, Amarillo, TX 79118.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Palisades
    County
    Randall
    State
    Texas
    Longitude
    -101.8647287
    Latitude
    35.1188172

    Nearby Comparable

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      15.50 Acres

      Amarillo Commercial Land Investment

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    • $3,900,000
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      Loop 335 Industrial Warehouse

      Amarillo, TX Distribution Center - Vacant
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      158.76 Acres

      Amarillo Commercial Land - 158 Acres

      Prime Amarillo land, ideal for industrial development.
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    • $2,352,240

      Commercial Land on Corner Lot

      Two lots available, purchase together or separately, outside city limits.
      2701 W Farmers Ave, Amarillo, TX 79118
      View Details

    FAQs

    What type of property is this?
    Land - 62 Acres, Retail/Industrial Potential
    Where is this land located?
    The property is located at 9000 Georgia St Palisades, TX.
    What are key features of this property?
    This property features: 62-acre commercial land opportunity in Amarillo, TX, at Loop 335 & S Georgia St.; High visibility with 1,936 ft. of Loop 335 frontage and 1,040 ft. on S Georgia St.; Divided into two parcels: a 2-acre retail parcel ($12/sq.ft.) and a 60-acre industrial parcel ($4/sq.ft.).
    (806) 373-3111
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    9000 Georgia St Palisades, TX 79118
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    Palisades, 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
    9000 Georgia St Palisades, TX 79118
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