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    Interstate 40 Hwy Amarillo, TX 79118

    For Sale
    Contact for pricing

    9.8 Acres, High-Traffic Retail Tract

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 9.8-acre commercial land parcel is ideally situated along East Interstate 40 Highway in Amarillo, Texas, within Randall County, zip code 79118. Zoned C-1, this property presents a unique opportunity for developers and investors. The land is available for sale and can be subdivided to accommodate various development plans. The location boasts impressive daily traffic counts exceeding 40,000 vehicles on I-40, ensuring high visibility and accessibility for any commercial venture. Its proximity to Rick Husband International Airport, with five hotels within a one-mile radius, further enhances its appeal. The area is experiencing significant growth, with new retail and residential developments underway along I-40, and the highly anticipated opening of a new Buc-ee's in the fall of 2024 across the highway. This prime location is particularly well-suited for quick-service restaurants (QSRs) and other retail establishments seeking high traffic exposure. Land value is priced between $8 and $15 per square foot. Contact for pricing details.

    Property Features for 0 Interstate 40 Hwy

    General Information

    Property type
    Land
    Lot Size
    426,888 SF

    HighLights

    • High‑traffic location with 40,000 vehicles daily on I‑40.
    • One mile from Rick Husband Amarillo International Airport.
    • New Buc‑ee's convenience store opening across the highway in Fall 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.73281045066
    Latitude
    35.193177970913

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    FAQs

    What type of property is this?
    Land - 9.8 Acres, High-Traffic Retail Tract
    Where is this land located?
    The property is located at Interstate 40 Hwy Amarillo, TX.
    What are key features of this property?
    This property features: High-traffic location with 40,000 vehicles daily on I-40.; One mile from Rick Husband Amarillo International Airport.; New Buc-ee's convenience store opening across the highway in Fall 2024.
    (806) 803-9056
    Request Owner's contact information
    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
    Interstate 40 Hwy Amarillo, TX 79118
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