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    Washington At Loop335 Amarillo, TX 79118

    For Sale
    Contact for pricing

    Prime Amarillo land, ideal for industrial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 158.76-acre commercial land parcel presents a significant investment opportunity in Amarillo, Texas. Strategically located on South Washington Street, between Farmers Avenue and Loop 335, in Randall County (zip code 79118), this property offers unparalleled access to major transportation routes and established businesses. The zoning is OCL. The asking price is $25,000 per acre, and the seller is open to dividing the land to accommodate buyer needs; pricing will be adjusted based on the size and location of the desired parcel. This location boasts proximity to key industrial players including Caviness Beef Packers, Affiliated Foods, Owens Corning, Kimrad Transport, Jax Transport, TXDOT, Miller Paper, Circle K, and Duke Electric. While situated outside city limits, the property benefits from access to city water and sewer services. Approximately 80 acres on the eastern portion of the property lie within the floodplain, providing excellent natural drainage. This expansive tract is perfectly suited for large-scale industrial development, offering a unique blend of accessibility, infrastructure, and strategic location within a thriving commercial corridor.

    Property Features for 0 Washington At Loop335

    General Information

    Property type
    Land
    Lot Size
    6,915,586 SF

    HighLights

    • 158.76 acres of commercial land in Amarillo, TX, located on S. Washington St. between Farmers Ave. and Loop 335.
    • $25,000 per acre; seller will consider dividing the property.
    • OCL zoning; ideal for industrial use.
    • City water and sewer access; located outside city limits.
    • Adjacent to numerous businesses including Caviness Beef Packers, Affiliated Foods, and Owens Corning.
    • Approximately 80 acres in the floodplain provide ample drainage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.84827307286
    Latitude
    35.126196876641

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    FAQs

    What type of property is this?
    Land - Prime Amarillo land, ideal for industrial development.
    Where is this land located?
    The property is located at Washington At Loop335 Amarillo, TX.
    What are key features of this property?
    This property features: 158.76 acres of commercial land in Amarillo, TX, located on S. Washington St. between Farmers Ave. and Loop 335.; $25,000 per acre; seller will consider dividing the property.; OCL zoning; ideal for industrial use.
    (806) 373-3111
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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
    Washington At Loop335 Amarillo, TX 79118
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