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    10895 Western St Amarillo, TX 79118

    For Sale
    $200,000

    2.11 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.11-acre industrial land parcel in Amarillo, Texas, presents a compelling development opportunity. Located in Randall County, just outside city limits (OCL zoning), this property boasts convenient access, situated 2 miles west of I-27 and 1 mile south of the loop. The property benefits from its proximity to Beacon Pointe, a new residential development, indicating significant growth potential in the area. A new water line is being installed along the property's frontage. The site includes a 475-foot deep well producing 24 gallons per minute at 0 psi and 18.1 gallons per minute at 50 psi, along with a small warehouse containing a 2,200-gallon storage tank and booster pump. Comprehensive documentation, including a survey, final plat, and Phase 1 environmental report, is readily available. While the rear portion of the land is in a flood zone, this offers advantageous drainage. An adjacent 7.42-acre parcel is also available for purchase, expanding the total potential acreage to 9.53 acres. This property is ideal for developers seeking a well-equipped site with excellent access and significant expansion possibilities in a rapidly developing area. The asking price is $200,000. The property's zip code is 79118, and its address is 10895 Western St, Amarillo, TX.

    Property Features for 10895 Western St

    General Information

    Property type
    Land
    Lot Size
    91,912 SF

    HighLights

    • City limits location with new water line installation.
    • Across from Beacon Pointe residential development.
    • Two miles west of I‑27 and one mile south of the loop.
    • Adjacent 7.42 acres available for purchase, totaling 9.53 acres.
    • Beneficial drainage due to rear portion's flood zone designation.
    • 475' deep well (water at 300'), 24 GPM at 0 psi, 18.1 GPM at 50 psi; 2,200‑gallon storage tank and booster pump in small warehouse.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Gym & Fitness Department Store Storage Facility Garden Center Discount Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8833132
    Latitude
    35.0982699

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    FAQs

    What type of property is this?
    Land - 2.11 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at 10895 Western St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: City limits location with new water line installation.; Across from Beacon Pointe residential development.; Two miles west of I-27 and one mile south of the loop.
    Request Owner's contact information
    10895 Western 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
    10895 Western St Amarillo, TX 79118
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