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    11101 3Rd Ave Amarillo, TX 79118

    Sponsored
    For Sale
    $640,000

    1M+ Bushel Grain Facility, Vacant, 3.59 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,013,662-bushel grain facility presents a unique investment opportunity in Amarillo, Texas. Strategically located in northeastern Amarillo, this property boasts convenient access to the BNSF Railroad along its southern boundary, facilitating efficient grain transportation. The facility itself comprises a substantial concrete elevator and two metal grain warehouses, supported by two elevator legs. This robust infrastructure ensures ample storage capacity for a wide range of grain types. The property sits on a generous 3.59-acre lot, providing ample space for future expansion or operational improvements. Its proximity to Interstate 40 further enhances its accessibility and logistical advantages. Currently vacant, this property offers immediate occupancy for a buyer seeking to establish or expand their grain handling operations. The asking price for this turnkey industrial property is $640,000. The property's address is 11101 SE 3rd Ave, Amarillo, TX 79118, in Potter County. This is a rare opportunity to acquire a well-established grain facility in a prime location with excellent transportation links. The property's size and infrastructure make it ideal for a variety of grain-related businesses. Don't miss this chance to own a piece of Amarillo's thriving agricultural sector.

    Property Features for 11101 3Rd Ave

    General Information

    Property type
    Distribution properties
    Lot Size
    156,380 SF

    HighLights

    • 1,013,662‑bushel grain facility in Amarillo, TX.
    • Features one concrete elevator and two metal grain warehouses with two elevator legs.
    • BNSF Railroad access.
    • 3.59‑acre lot north of I‑40.
    • Vacant, asking $640,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Hotel & Motel Wholesale Shop Food Market Storage Facility Grocery Store Restaurant Breakfast Farmer's Market Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.7093861
    Latitude
    35.1969989

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    FAQs

    What type of property is this?
    Distribution property - 1M+ Bushel Grain Facility, Vacant, 3.59 Acres
    Where is this distribution property located?
    The property is located at 11101 3Rd Ave Amarillo, TX.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: 1,013,662-bushel grain facility in Amarillo, TX.; Features one concrete elevator and two metal grain warehouses with two elevator legs.; BNSF Railroad access.
    Request Owner's contact information
    11101 3Rd 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
    11101 3Rd Ave Amarillo, TX 79118
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