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    9 & Cor Amarillo, TX 79106

    For Sale
    Contact for pricing

    Prime Amarillo commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 30-acre development site is located at the northwest corner of 9th and Coulter Streets in Amarillo, Texas, within Randall County (zip code 79106). Currently zoned AG - Agricultural, this property presents a unique opportunity for various commercial ventures. The land offers flexibility for a range of projects, including retail, office, and multifamily developments. This is a first-time offering, making it a rare chance to acquire a significant parcel in a thriving area. The property features commercial lots with frontage on both 9th Street and Coulter Street, providing excellent visibility and accessibility. Pricing is highly competitive, with pad sites ranging from $10 to $15 per square foot, and rear tracts starting at $5.00 per square foot. The overall land value per square foot ranges from $5 to $17, reflecting the diverse development potential across the site. This location is situated within Amarillo's medical district, offering proximity to healthcare facilities and a strong potential customer base. The substantial acreage and strategic location make this an attractive investment for developers seeking a prime Amarillo property. This is a rare opportunity to acquire a large, well-positioned tract of land in a growing Texas city.

    Property Features for 0 9 & Cor

    General Information

    Property type
    Land
    Lot Size
    1,306,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.920636
    Latitude
    35.2006603

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    FAQs

    What type of property is this?
    Land - Prime Amarillo commercial land, ideal for development.
    Where is this land located?
    The property is located at 9 & Cor Amarillo, TX.
    (806) 373-3111
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    9 & Cor Amarillo, TX 79106
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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
    9 & Cor Amarillo, TX 79106
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