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    14900 Fm2590 - B Amarillo, TX 79119

    For Sale
    $489,552

    1.4-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.4-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Located just south of the southwest intersection of Soncy Road (FM 2590) and FM 2219, this property offers convenient access from both major roadways. The site is zoned OCL and benefits from its position in a rapidly growing area, proximate to several new residential developments, ensuring high visibility and potential for strong returns. The property's strategic location promises excellent exposure to a burgeoning population. Please note that restrictive covenants are in place, prohibiting the sale of car wash services, oil change services, motor vehicle lubrication services, check cashing services, grocery items, beer or wine for off-premises consumption, tobacco products, lottery tickets, motor fuel, fountain drinks, or teas. These covenants are binding on future owners. The asking price for this exceptional commercial land is $489,552. This property is situated in Randall County, Texas, with a 79119 zip code. The address is 14900 FM 2590 - B, Amarillo, TX.

    Property Features for 14900 Fm2590 - B

    General Information

    Property type
    Land
    Lot Size
    60,984 SF

    HighLights

    • 1.4‑acre commercial land parcel in Amarillo, TX, priced at $489,552.
    • Located at 14900 FM 2590 - B, Amarillo, TX 79119 (Randall County), with convenient access to FM 2590 and FM 2219.
    • OCL zoning in a rapidly growing area near new residential developments, offering high visibility and strong return potential.
    • Restrictive covenants prohibit specific businesses (car washes, oil changes, check cashing, etc.).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.93629456916
    Latitude
    35.056814059783

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    FAQs

    What type of property is this?
    Land - 1.4-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 14900 Fm2590 - B Amarillo, TX.
    What is the asking price?
    The asking price for this property is $489,552.
    What are key features of this property?
    This property features: 1.4-acre commercial land parcel in Amarillo, TX, priced at $489,552.; Located at 14900 FM 2590 - B, Amarillo, TX 79119 (Randall County), with convenient access to FM 2590 and FM 2219.; OCL zoning in a rapidly growing area near new residential developments, offering high visibility and strong return potential.
    (806) 354-3500
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    14900 Fm2590 - B 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
    14900 Fm2590 - B Amarillo, TX 79119
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