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    3000 Georgia St Amarillo, TX 79109

    For Sale
    $650,000

    10,800 SF Commercial Lot, $650,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10,800 square foot commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Situated at the southwest corner of South Georgia Street and Mockingbird Lane, this property boasts a highly desirable location within a thriving retail corridor. The lot is zoned for commercial use, providing flexibility for a variety of development projects. Its prime location between Interstate 40 and Southwest 34th Avenue ensures excellent visibility and accessibility, with high traffic counts contributing to significant potential for business success. The South Georgia Street retail corridor itself is home to over 150 businesses within a 1.5-mile stretch, indicating a robust and established commercial environment. This property's strategic placement and substantial size make it an ideal site for new commercial construction or redevelopment, offering significant return on investment potential. The address is 3000 S Georgia St, Amarillo, TX 79109, in Randall County. The asking price for this exceptional commercial land is $650,000.

    Property Features for 3000 Georgia St

    General Information

    Property type
    Land

    HighLights

    • 10,800 SF commercial land parcel in Amarillo, TX.
    • Located at the southwest corner of S Georgia St & Mockingbird Ln, in a thriving retail corridor.
    • Zoned for commercial use, offering development flexibility.
    • High visibility and accessibility due to proximity to I‑40 and SW 34th Ave.
    • $650,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Gym & Fitness Clothing Store Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8666054
    Latitude
    35.1823528

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    FAQs

    What type of property is this?
    Land - 10,800 SF Commercial Lot, $650,000
    Where is this land located?
    The property is located at 3000 Georgia St Amarillo, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 10,800 SF commercial land parcel in Amarillo, TX.; Located at the southwest corner of S Georgia St & Mockingbird Ln, in a thriving retail corridor.; Zoned for commercial use, offering development flexibility.
    (806) 784-3298
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    3000 Georgia St Amarillo, TX 79109
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    Amarillo, TX 79109
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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
    3000 Georgia St Amarillo, TX 79109
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