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    3 3Rd Ave Amarillo, TX 79118

    For Sale
    $568,458

    Prime Amarillo land, city utilities, divisible.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 189,486 square foot commercial land parcel in Amarillo, Texas, presents a unique investment opportunity. Located in Potter County, at the intersection of 3rd and Pullman Road, this AG-zoned property offers convenient access to major transportation arteries, including Interstate 40, Highway 287, and Amarillo International Airport. The asking price is $568,458, translating to a land value of $3 per square foot. A significant advantage is the availability of city utilities on-site, simplifying development and operational costs. The seller is open to dividing the property, providing flexibility for various development scenarios and business needs. This location benefits from high visibility and strong connectivity, situated amongst established businesses such as Hana Travel Plaza, Yellowhouse Machinery Co., and Good Dog Pet Ranch, ensuring a thriving commercial environment. The property's strategic position just north of I-40 on Pullman Road within Amarillo city limits makes it an attractive option for businesses seeking a prominent and accessible location. The zip code is 79118.

    Property Features for 3 3Rd Ave

    General Information

    Property type
    Land

    HighLights

    • City utilities available on‑site.
    • Seller open to property division.
    • Excellent location near Hana Travel Plaza, Yellowhouse Machinery, and Good Dog Pet Ranch.
    • Prime Amarillo location, north of I‑40 on Pullman Road, offering convenient access to major transportation arteries and Amarillo International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Law Firm Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.7070261
    Latitude
    35.195842

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    FAQs

    What type of property is this?
    Land - Prime Amarillo land, city utilities, divisible.
    Where is this land located?
    The property is located at 3 3Rd Ave Amarillo, TX.
    What is the asking price?
    The asking price for this property is $568,458.
    What are key features of this property?
    This property features: City utilities available on-site.; Seller open to property division.; Excellent location near Hana Travel Plaza, Yellowhouse Machinery, and Good Dog Pet Ranch.
    (806) 373-3111
    Request Owner's contact information
    3 3Rd Ave Amarillo, TX 79118
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    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
    3 3Rd Ave Amarillo, TX 79118
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