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    7840 Outlook Dr Amarillo, TX 79106

    For Sale
    $1,100,000

    Prime Amarillo medical retail land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 130,026 square foot commercial land parcel, located at 7840 Outlook Dr, Amarillo, TX 79106, in Potter County, presents a unique investment opportunity. Zoned for retail use, this fee simple property is ideally situated in the heart of Amarillo's dynamic medical district, offering high visibility and easy accessibility. Its strategic location ensures maximum exposure for any development, capitalizing on the area's thriving medical activity and expanding market. The ample space allows for extensive customization, providing a blank canvas to create a standout destination tailored to the needs of medical practices or medical service-related businesses. This property offers significant growth potential and is poised to benefit from the continued expansion of Amarillo's medical sector. The asking price is $1,100,000. Don't miss this chance to acquire a prime piece of real estate in a rapidly growing area. This property is perfect for developers seeking to establish a thriving business within a high-demand location.

    Property Features for 7840 Outlook Dr

    General Information

    Property type
    Land

    HighLights

    • $1,100,000 asking price for 130,026 SF of commercially zoned land.
    • Located in Amarillo, TX's thriving medical district.
    • High visibility and excellent accessibility.
    • Ample space for customization.
    • Exceptional opportunity to capitalize on Amarillo's growing medical market.
    • Strategic location with significant growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.92907838
    Latitude
    35.19827813

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    FAQs

    What type of property is this?
    Land - Prime Amarillo medical retail land.
    Where is this land located?
    The property is located at 7840 Outlook Dr Amarillo, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price for 130,026 SF of commercially zoned land.; Located in Amarillo, TX's thriving medical district.; High visibility and excellent accessibility.
    (806) 236-3736
    Request Owner's contact information
    7840 Outlook Dr Amarillo, TX 79106
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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
    7840 Outlook Dr Amarillo, TX 79106
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