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    1 Lying Adj To Amarillo, TX 79108

    For Sale
    $70,000

    Fenced grazing land, owner financing available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 70-square-foot commercial land parcel in Amarillo, Texas, presents a unique investment opportunity. Located at 1 Lying Adj To S/l Rr Row, 79108, in Potter County, this property is ideally suited for various uses. Currently utilized as fenced grazing land for horses, its versatility allows for exploration of diverse commercial ventures. The property's size, while compact at 70 square feet, offers potential for development or expansion, particularly when considered in conjunction with adjacent properties (24-1745 and 24-1748). The seller is offering attractive owner-carry financing terms for a combined purchase of this lot and the adjacent properties. These terms include a 10% down payment and a fixed 12% interest rate over a 30-year period. The property's location in Amarillo, TX provides access to local amenities and infrastructure. The coordinates are 35.3165956 latitude and -101.7751709 longitude. This is an excellent opportunity for investors seeking a versatile commercial land parcel with attractive financing options. Serious inquiries are encouraged.

    Property Features for 1 Lying Adj To

    General Information

    Property type
    Land

    HighLights

    • $70,000 asking price.
    • 70 sq ft lot, Special Purpose land.
    • Located in Amarillo, TX, Potter County, zip code 79108.
    • Currently used for horse grazing, fenced.
    • Owner financing available with combined purchase of adjacent properties (24‑1745, 24‑1748): 10% down, 12% interest, 30‑year fixed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.7751709
    Latitude
    35.3165956

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    FAQs

    What type of property is this?
    Land - Fenced grazing land, owner financing available.
    Where is this land located?
    The property is located at 1 Lying Adj To Amarillo, TX.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: $70,000 asking price.; 70 sq ft lot, Special Purpose land.; Located in Amarillo, TX, Potter County, zip code 79108.
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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
    1 Lying Adj To Amarillo, TX 79108
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