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    Hollywood Rd Amarillo, TX 79109

    Sponsored
    For Sale
    Contact for pricing

    Prime Amarillo location, Light Commercial zoning, 2.67 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.67-acre commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Located on Hollywood Road near Loop 335, this property is zoned LC - Light Commercial, offering a wide range of development possibilities. The site benefits from its strategic position within a thriving commercial area, surrounded by established businesses including Starbucks, Love's Truck Stop, McDonald's, Taco Bell, Whataburger, Pak a Sak, and Tractor Supply. Its proximity to the burgeoning residential community of "The Pinnacle" and Randall High School ensures high visibility and strong potential for customer traffic. Further enhancing its appeal is its adjacency to the expanding "Hollywood Addition" residential development, promising continued growth and increased property value. Utilities are readily available, including city water, sewer, electric, and gas services. Convenient access is provided via an easement on Bell Street. The land is priced at $14 per square foot, representing a compelling value proposition for developers and investors seeking a prime location in a rapidly growing area of Amarillo. This property offers significant potential for a variety of commercial ventures, capitalizing on the existing infrastructure and the dynamic growth of the surrounding area. Potter County location, zip code 79109.

    Property Features for 0 Hollywood Rd

    General Information

    Property type
    Land
    Lot Size
    116,305 SF

    HighLights

    • For Sale
    • 2.67‑Acre Lot
    • $14.00 per Square Foot
    • Light Commercial Zoning (LC)
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.900579
    Latitude
    35.1633874

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    FAQs

    What type of property is this?
    Land - Prime Amarillo location, Light Commercial zoning, 2.67 acres.
    Where is this land located?
    The property is located at Hollywood Rd Amarillo, TX.
    What are key features of this property?
    This property features: For Sale; 2.67-Acre Lot; $14.00 per Square Foot
    (806) 373-3111
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    Hollywood Rd Amarillo, TX 79109
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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
    Hollywood Rd Amarillo, TX 79109
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