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    I-27 At Fm 2219 Amarillo, TX 79119

    For Sale
    Contact for pricing

    High-traffic, divisible land near Amarillo.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 26-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Strategically located on the west side of I-27, just south of FM 2219, this property boasts unparalleled visibility and accessibility. With a daily traffic count of 50,419 vehicles in 2015 on I-27, this location ensures maximum exposure for any commercial venture. The property is zoned OCL (Outside City Limits) in Randall County, offering flexibility for a variety of uses. The land is priced at $2.50 per square foot. To maximize potential, the seller is willing to divide the property into two tracts: one approximately 9 acres and the other approximately 17 acres. This allows for flexibility in development and investment scale. Situated approximately 4 miles south of Amarillo and 4 miles north of Canyon, this location offers a blend of accessibility to a major city and proximity to a thriving community. This prime commercial land presents a rare opportunity to capitalize on high traffic volume and excellent visibility in a rapidly growing area. The property's size and divisibility make it ideal for a range of commercial developments.

    Property Features for I-27 At Fm 2219

    General Information

    Property type
    Land
    Lot Size
    1,132,560 SF

    HighLights

    • 26‑acre commercial land parcel in Amarillo, TX, offering unparalleled visibility and accessibility.
    • Strategically located on I‑27's west side, south of FM 2219, with a high daily traffic count (I‑27, 2015 data).
    • OCL zoning in Randall County allows for flexible commercial uses.
    • Priced at $2.50/SF, with seller willing to subdivide into ~9‑acre and ~17‑acre tracts.
    • Located 4 miles south of Amarillo and 4 miles north of Canyon, offering access to both a major city and a thriving community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.9170436
    Latitude
    35.0817577

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    FAQs

    What type of property is this?
    Land - High-traffic, divisible land near Amarillo.
    Where is this land located?
    The property is located at I-27 At Fm 2219 Amarillo, TX.
    What are key features of this property?
    This property features: 26-acre commercial land parcel in Amarillo, TX, offering unparalleled visibility and accessibility.; Strategically located on I-27's west side, south of FM 2219, with a high daily traffic count (I-27, 2015 data).; OCL zoning in Randall County allows for flexible commercial uses.
    (806) 373-3111
    Request Owner's contact information
    I-27 At Fm 2219 Amarillo, TX 79119
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    Amarillo, TX 79119
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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
    I-27 At Fm 2219 Amarillo, TX 79119
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