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    9th Ave & Loop Amarillo, TX 79106

    For Sale
    Contact for pricing

    Prime Medical District Land; Build Your Vision

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land offering presents a unique investment opportunity in Amarillo, Texas's vibrant Medical District. Located at the high-traffic intersection of SW 9th Avenue and Loop 335, this property boasts significant frontage on both major thoroughfares, providing unparalleled visibility and accessibility. The site encompasses between 1.5 and 30 acres of developable land, presenting flexibility for a wide range of commercial projects. Ideal for retail establishments, office buildings, or multifamily developments, this location benefits from its proximity to established healthcare facilities and a thriving business community, ensuring a strong potential for return on investment. The property's strategic position within the Medical District offers access to a large and diverse population base, creating a robust market for various commercial ventures. Potter County's dynamic economic landscape further enhances the appeal of this exceptional development opportunity. The address is SW 9th Ave & Loop 335, Amarillo, TX 79106. This is a first-time offering of this prime location, making it a truly rare and compelling investment prospect. The size of the lot allows for significant development potential, catering to large-scale projects or the possibility of subdividing into smaller parcels. Don't miss this chance to secure a foothold in one of Amarillo's most promising commercial areas.

    Property Features for 9th Ave & Loop

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • Prime Amarillo, TX commercial land, 1.5‑30 acres, ideal for retail, office, or multifamily development.
    • Located in Amarillo's Medical District, offering high visibility and access.
    • Frontage on both SW 9th Ave and Loop 335.
    • Excellent investment opportunity in a rapidly growing area.
    • First‑time offering.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.93823152812
    Latitude
    35.206107581882

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    FAQs

    What type of property is this?
    Land - Prime Medical District Land; Build Your Vision
    Where is this land located?
    The property is located at 9th Ave & Loop Amarillo, TX.
    What are key features of this property?
    This property features: Prime Amarillo, TX commercial land, 1.5-30 acres, ideal for retail, office, or multifamily development.; Located in Amarillo's Medical District, offering high visibility and access.; Frontage on both SW 9th Ave and Loop 335.
    (806) 373-3111
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    9th Ave & Loop 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
    9th Ave & Loop Amarillo, TX 79106
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