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    7869 Cyn Expy Amarillo, TX 79110

    For Sale
    $1,958,022

    Prime 3.52-acre commercial lot, I-27 & S. Bell St.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 3.52-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Strategically located with frontage on both Canyon Expressway (I-27) and South Bell Street, this property offers unparalleled visibility and accessibility. The lot boasts 75 feet of frontage on the heavily trafficked Canyon Expressway and an impressive 389 feet of frontage on South Bell Street. City water and sewer services are readily available via the east property line along South Bell Street. Zoned for light commercial use, this property is ideal for a variety of developments. The seller is open to dividing the land into separate pad sites, contingent upon offer review and intended use. A potential buyer could acquire a 1.57-acre pad site on Canyon Expressway for $10 per square foot, or choose from two South Bell Street pad sites, one measuring 1 acre and the other 0.95 acres, priced at $15 per square foot. This prime location, coupled with its flexible development potential, makes this an exceptional opportunity for investors seeking high-impact commercial real estate in a thriving Texas market. The asking price for the entire 3.52-acre parcel is $1,958,022. Located in Randall County, Amarillo, TX 79110.

    Property Features for 7869 Cyn Expy

    General Information

    Property type
    Land
    Lot Size
    153,331 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.90445209514
    Latitude
    35.124671355692

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    FAQs

    What type of property is this?
    Land - Prime 3.52-acre commercial lot, I-27 & S. Bell St.
    Where is this land located?
    The property is located at 7869 Cyn Expy Amarillo, TX.
    What is the asking price?
    The asking price for this property is $1,958,022.
    (806) 373-3111
    Request Owner's contact information
    7869 Cyn Expy Amarillo, TX 79110
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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
    7869 Cyn Expy Amarillo, TX 79110
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