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    6150 Georgia St Amarillo, TX 79118

    For Sale
    $1,138,005

    Prime retail land, high traffic area, city utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.75-acre commercial land parcel, located at 6150 S Georgia St in Amarillo, Texas (79118), presents a remarkable investment opportunity. Zoned for general retail use, this property boasts convenient access to city utilities and is ideally situated in a rapidly growing area of Randall County. The lot measures 200 feet by 600 feet, offering ample space for development. The asking price is $1,138,005, translating to a land value of $9.50 per square foot. This prime location benefits from its proximity to numerous established businesses, including a Walmart Neighborhood Market, Chick-fil-A, Starbucks, McDonald's, Domino's Pizza, Toot'n' Totum, Pak-a-Sak, Anytime Fitness, and Amarillo Collegiant Academy. The high visibility and strong surrounding commercial activity make this property exceptionally well-suited for a variety of retail ventures. This is a rare opportunity to acquire a significant land parcel in a thriving Amarillo commercial corridor. Don't miss out on this chance to establish your business in a high-demand location.

    Property Features for 6150 Georgia St

    General Information

    Property type
    Land
    Lot Size
    119,790 SF

    HighLights

    • $1,138,005 asking price for 2.75 acres of commercial land.
    • General Retail zoning.
    • $9.50/SF land value.
    • Located at 6150 S Georgia St, Amarillo, TX 79118.
    • City utilities available.
    • Located in a rapidly developing area with nearby national retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.86616124
    Latitude
    35.1459181

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    FAQs

    What type of property is this?
    Land - Prime retail land, high traffic area, city utilities.
    Where is this land located?
    The property is located at 6150 Georgia St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $1,138,005.
    What are key features of this property?
    This property features: $1,138,005 asking price for 2.75 acres of commercial land.; General Retail zoning.; $9.50/SF land value.
    (806) 373-3111
    Request Owner's contact information
    6150 Georgia St 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
    6150 Georgia St Amarillo, TX 79118
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