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    203 46Th Ave Amarillo, TX 79118

    Sponsored
    For Sale
    $920,000

    11.74-acre industrial property, BNSF rail access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11.74-acre industrial property in Amarillo, Texas, presents a unique investment opportunity. Located on 203 E 46th St, in Randall County, this vacant facility boasts a strategic location, offering excellent access to Interstate 27 and proximity to Tradewind Airport. The property features a substantial grain facility with a capacity of 3,226,000 bushels, utilizing a combination of concrete, steel, and flat storage solutions. This well-established infrastructure ensures efficient grain handling and storage. A significant advantage is the readily available BNSF rail access situated on the west side of the property, facilitating seamless transportation and logistics. The asking price for this expansive industrial site is $920,000. This property is ideal for businesses seeking a large-scale operation with convenient access to major transportation arteries and rail infrastructure. The combination of ample storage capacity, prime location, and rail access makes this a highly attractive investment opportunity in the thriving Amarillo market. The property's zoning and potential uses should be verified independently.

    Property Features for 203 46Th Ave

    General Information

    Property type
    Distribution properties
    Lot Size
    511,394 SF

    HighLights

    • ±11.74‑acre site with excellent I‑27 and Tradewind Airport access.
    • 3,226,000‑bushel grain facility with concrete, steel, and flat storage.
    • BNSF rail access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Attebury Grain LLC Grain Elevator

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8412483
    Latitude
    35.1647712

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    FAQs

    What type of property is this?
    Distribution property - 11.74-acre industrial property, BNSF rail access.
    Where is this distribution property located?
    The property is located at 203 46Th Ave Amarillo, TX.
    What is the asking price?
    The asking price for this property is $920,000.
    What are key features of this property?
    This property features: ±11.74-acre site with excellent I-27 and Tradewind Airport access.; 3,226,000-bushel grain facility with concrete, steel, and flat storage.; BNSF rail access.
    Request Owner's contact information
    203 46Th Ave Amarillo, TX 79118
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    Amarillo, 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
    203 46Th Ave Amarillo, TX 79118
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