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    3301 Grand St Amarillo, TX 79103

    For Sale
    $1,260,190

    Prime Retail Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5.26-acre commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Located at 3301 S Grand St, in Randall County, zip code 79103, this property boasts a prime corner location at the intersection of 34th and Grand, offering excellent access and visibility. The site is zoned General Retail (GR), making it ideal for a wide range of commercial developments. With a daily traffic count of 11,537 vehicles, this location ensures high exposure for any business. The asking price is $1,260,190, translating to approximately $5.50 per square foot. This property is highly versatile

    Property Features for 3301 Grand St

    General Information

    Property type
    Land
    Lot Size
    229,126 SF

    HighLights

    • 5.26‑acre site
    • Zoned General Retail (GR)
    • Prime corner lot with excellent visibility and accessibility
    • Build‑to‑suit or divisible parcels available
    • Asking price: $1,260,190 ($5.50/SF)
    • Daily traffic count: 11,537 vehicles
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.7943169
    Latitude
    35.1792967

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, High Traffic Area
    Where is this land located?
    The property is located at 3301 Grand St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $1,260,190.
    What are key features of this property?
    This property features: 5.26-acre site; Zoned General Retail (GR); Prime corner lot with excellent visibility and accessibility
    Request Owner's contact information
    3301 Grand St Amarillo, TX 79103
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    Amarillo, TX 79103
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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
    3301 Grand St Amarillo, TX 79103
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