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    1491 Tascosa Rd Amarillo, TX 79124

    For Sale
    $886,184

    Prime 2.5-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.543-acre commercial land parcel presents a compelling investment opportunity in Amarillo, Texas. Located at 1491 Tascosa Rd, in Potter County, zip code 79124 (35.226174, -101.9137329), this property offers 361 feet of frontage on the heavily trafficked Tascosa Road, ensuring maximum visibility and accessibility for any commercial venture. Zoned for General Retail, this site is perfectly positioned to capitalize on the robust growth of the surrounding area. The property sits adjacent to the expanding Estancia neighborhood and is conveniently located near established communities such as Quail Creek, Westcliff, Woodlands, and La Paloma, benefiting from a high volume of traffic and a desirable demographic with strong disposable income. This prime location makes it ideal for a variety of retail developments, promising significant returns in a rapidly developing section of Amarillo. The asking price for this exceptional opportunity is $886,184. Don't miss this chance to secure a prominent position in a thriving Amarillo market.

    Property Features for 1491 Tascosa Rd

    General Information

    Property type
    Land
    Lot Size
    110,773 SF

    HighLights

    • ±361' frontage on heavily trafficked Tascosa Rd.
    • High visibility and accessibility for retail or commercial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.9137329
    Latitude
    35.226174

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    FAQs

    What type of property is this?
    Land - Prime 2.5-acre commercial lot, high visibility.
    Where is this land located?
    The property is located at 1491 Tascosa Rd Amarillo, TX.
    What is the asking price?
    The asking price for this property is $886,184.
    What are key features of this property?
    This property features: ±361' frontage on heavily trafficked Tascosa Rd.; High visibility and accessibility for retail or commercial development.;
    Request Owner's contact information
    1491 Tascosa Rd Amarillo, TX 79124
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    Amarillo, TX 79124
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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
    1491 Tascosa Rd Amarillo, TX 79124
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