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    Hollywood Rd Amarillo, TX 79110

    For Sale
    Contact for pricing

    1.56 Acres, Light Commercial Zoning, Amarillo, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.56-acre commercial land parcel presents a prime investment opportunity in Amarillo, Texas. Located on Hollywood Road, this property boasts 147 feet of frontage along the high-traffic Loop 335 thoroughfare, ensuring excellent visibility and accessibility for any commercial venture. The property is zoned LC - Light Commercial, allowing for a wide range of development possibilities. Essential utilities are readily available, including city water, sewer, and electric, simplifying the development process. The land is priced at $14 per square foot, representing a compelling value proposition given its location and zoning. Situated in Randall County, with a 79110 zip code, this property offers convenient access to Amarillo's vibrant business community and its extensive infrastructure. The ample lot size provides significant flexibility for building plans, making it ideal for a variety of commercial uses. This is a rare opportunity to acquire a strategically located commercial lot in a thriving Texas market. Don't miss out on this chance to secure a valuable asset with significant growth potential. The coordinates are 35.1194083 latitude and -101.8729258 longitude.

    Property Features for 0 Hollywood Rd

    General Information

    Property type
    Land
    Lot Size
    67,954 SF

    HighLights

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

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8729258
    Latitude
    35.1194083

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    FAQs

    What type of property is this?
    Land - 1.56 Acres, Light Commercial Zoning, Amarillo, TX
    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; 1.56-Acre Lot; $14.00 per Square Foot
    (806) 373-3111
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    Hollywood Rd Amarillo, TX 79110
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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 79110
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