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    11010 County Road 34 Amarillo, TX 79124

    For Sale
    Contact for pricing

    Prime TX land, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.3-100 acre commercial land parcel in Amarillo, Texas, presents a unique investment opportunity. Located on W County Rd 34 in Randall County, zip code 79124 (35.1769387, -101.9650806), this property boasts prime positioning along the newly developed Loop 335. The land is priced at $35,789 per acre and offers significant potential for a mixed-use development. Envisioned plans include approximately 1200 residential units, a strategically placed convenience store at a hard corner, and multiple commercial lots suitable for multifamily and office condominiums. This thoughtful design creates a vibrant and self-sustaining community, blending residential living with convenient commercial spaces. The inclusion of multifamily and office condominiums acts as a buffer for the residential areas, enhancing the overall appeal and providing a diverse range of options for residents and businesses. This is a rare opportunity to acquire a large tract of land with high development potential in a rapidly growing area of Amarillo. The property's location and planned development make it an attractive investment for developers seeking to create a thriving and well-rounded community. Don't miss this chance to be part of Amarillo's exciting future.

    Property Features for 11010 County Road 34

    General Information

    Property type
    Land
    Lot Size
    100,188 SF

    HighLights

    • 2.3 to 100 acres of commercial land available in Amarillo, Texas.
    • Priced at $35,789 per acre.
    • Located at 11010 W County Rd 34, Amarillo, TX 79124, in Randall County.
    • Fronts newly developed Loop 335.
    • Development potential includes approximately 1200 residential units, a convenience store, and multifamily/office condominiums.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Hotel & Motel Auto Parts Store Auto Repair Shop Bed & Breakfast Mobile Phone Store Tattoo & Piercing Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.9650806
    Latitude
    35.1769387

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    FAQs

    What type of property is this?
    Land - Prime TX land, ideal for mixed-use development.
    Where is this land located?
    The property is located at 11010 County Road 34 Amarillo, TX.
    What are key features of this property?
    This property features: 2.3 to 100 acres of commercial land available in Amarillo, Texas.; Priced at $35,789 per acre.; Located at 11010 W County Rd 34, Amarillo, TX 79124, in Randall County.
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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
    11010 County Road 34 Amarillo, TX 79124
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