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    Grand St Amarillo, TX 79118

    For Sale
    Contact for pricing

    Prime Commercial Lots, Various Sizes

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land offering presents a unique investment opportunity in Amarillo, Texas. Located near the intersection of SE Loop 335 and S Grand St, in Potter County, zip code 79118, these lots boast prime visibility and accessibility. The property comprises multiple commercial lots, ranging from 2.77 to 8.26 acres, providing flexibility for various development projects. The land is priced competitively at $1.50 per square foot, representing a strong value proposition in this rapidly growing area. A key advantage is the proximity to the new Storybook Estates residential development, ensuring a robust and expanding customer base for future commercial ventures. This strategic location offers significant potential for businesses seeking high visibility and convenient access to a thriving community. The lots are zoned for commercial use, allowing for a wide range of development possibilities, from retail and office spaces to light industrial facilities. This is an exceptional opportunity to acquire prime commercial land in a dynamic and expanding market. The latitude and longitude coordinates are 35.1577735, -101.7953617 respectively. Serious inquiries are encouraged to explore this promising investment.

    Property Features for 0 Grand St

    General Information

    Property type
    Land
    Lot Size
    120,661 SF

    HighLights

    • Multiple commercial lots available in Amarillo, TX.
    • Located near the intersection of SE Loop 335 and S Grand St, adjacent to Storybook Estates.
    • Lot sizes range from 2.77 to 8.26 acres, priced at $1.50/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.7953617
    Latitude
    35.1577735

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lots, Various Sizes
    Where is this land located?
    The property is located at Grand St Amarillo, TX.
    What are key features of this property?
    This property features: Multiple commercial lots available in Amarillo, TX.; Located near the intersection of SE Loop 335 and S Grand St, adjacent to Storybook Estates.; Lot sizes range from 2.77 to 8.26 acres, priced at $1.50/SF.
    (806) 676-7709
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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
    Grand St Amarillo, TX 79118
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