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    650 Airport Blvd Amarillo, TX 79118

    For Sale
    $595,000

    Prime Amarillo location, high traffic, near I-40.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5.8-acre commercial land parcel in Amarillo, Texas, presents a remarkable investment opportunity. Located at 650 Airport Blvd, this property boasts excellent visibility and accessibility, with frontage on Airport Blvd and 3rd Street. The permitted zoning is HC, making it ideal for a variety of commercial uses. Given its strategic location near Rick Husband International Airport and the high volume of traffic on I-40, this site is perfectly positioned to serve businesses catering to travelers, truckers, and local residents. Nearby businesses include Buffalo Wild Wings, Fairfield Inn & Suites, Flying J Truck Stop, and Bruckner Truck Sales, indicating a thriving commercial environment. The asking price is $595,000, translating to a land value of $2.35 per square foot. Utilities are available, and cross access easements are in place. The property's size also allows for potential division, offering flexibility for development. This high-traffic area in Potter County, Texas (zip code 79118), presents a rare chance to acquire a significant commercial land holding with exceptional potential for growth and return on investment. The property is situated at latitude 35.1962676 and longitude -101.7261136.

    Property Features for 650 Airport Blvd

    General Information

    Property type
    Land
    Lot Size
    252,648 SF

    HighLights

    • Utilities available on‑site.
    • Cross access easements in place.
    • High visibility location near Rick Husband International Airport, offering excellent traffic counts.
    • Property is divisible to suit tenant needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Restaurant Wholesale Shop Gym & Fitness Food Market Storage Facility Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.7261136
    Latitude
    35.1962676

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    FAQs

    What type of property is this?
    Land - Prime Amarillo location, high traffic, near I-40.
    Where is this land located?
    The property is located at 650 Airport Blvd Amarillo, TX.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Utilities available on-site.; Cross access easements in place.; High visibility location near Rick Husband International Airport, offering excellent traffic counts.
    Request Owner's contact information
    650 Airport Blvd 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
    650 Airport Blvd Amarillo, TX 79118
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