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    12400 Interstate 40 Hwy Amarillo, TX 79118

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    For Sale
    Contact for pricing

    Prime Amarillo Land: I-40 & US 287

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 22.04-acre commercial and industrial land parcel presents a unique investment opportunity in Amarillo, Texas. Strategically located at the intersection of Interstate 40 and US 287, this property boasts high visibility and accessibility, with 37,739 cars passing daily on I-40. The site is conveniently situated 1.7 miles east of the popular Buc-ee's and near Amarillo's airport, ensuring excellent connectivity and exposure. The land has been thoughtfully divided into four approximately 5-acre parcels, offering flexibility for various development scenarios. Infrastructure is partially in place, including two pre-installed concrete curb cuts. City water is readily available, and a septic variance is pending approval from the city. This prime location, coupled with the existing infrastructure and high traffic count, makes this property ideal for a wide range of commercial and industrial uses. The land's value is $2 per square foot, representing a compelling investment opportunity in a rapidly growing area. Detailed surveys and site plans are available upon request. Don't miss this chance to secure a prominent position on one of Amarillo's busiest transportation corridors.

    Property Features for 12400 Interstate 40 Hwy

    General Information

    Property type
    Land
    Lot Size
    960,062 SF

    HighLights

    • High‑traffic location, 1.7 miles east of Buc‑ee's, near the airport, with convenient access to I‑40 and US 287.
    • Two concrete curb cuts installed.
    • City water available; septic variance pending.
    • 22.04‑acre site subdivided into four ~5‑acre parcels.
    • I‑40 boasts 37,739 vehicles daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.6966379
    Latitude
    35.188847

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    FAQs

    What type of property is this?
    Land - Prime Amarillo Land: I-40 & US 287
    Where is this land located?
    The property is located at 12400 Interstate 40 Hwy Amarillo, TX.
    What are key features of this property?
    This property features: High-traffic location, 1.7 miles east of Buc-ee's, near the airport, with convenient access to I-40 and US 287.; Two concrete curb cuts installed.; City water available; septic variance pending.
    Request Owner's contact information
    12400 Interstate 40 Hwy 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
    12400 Interstate 40 Hwy Amarillo, TX 79118
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