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    Farmers Ave Amarillo, TX 79118

    For Sale
    $2,147,328

    Prime Amarillo location, high traffic count.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 8.22-acre commercial land parcel presents a remarkable investment opportunity in Southwest Amarillo, Texas. Strategically situated just south of the Western Business Park and north of City View, this property boasts unparalleled accessibility and visibility. Its prime location offers convenient access to Interstate 27, ensuring high traffic exposure for any commercial venture. The impressive daily traffic count of 20,238 vehicles underscores the significant potential for attracting customers and maximizing business growth. The property is zoned for General Retail use, providing flexibility for a wide range of commercial developments. This expansive lot, encompassing 357,888 square feet, offers ample space for large-scale projects. Furthermore, the opportunity exists to acquire two additional adjacent lots, totaling 14.30 acres, for a larger, more comprehensive development. The asking price for this exceptional property is $2,147,328. Located in Randall County, Amarillo, Texas, with a zip code of 79118, this property is situated at W Farmers Ave. Don't miss this chance to secure a prime piece of Amarillo real estate.

    Property Features for 0 Farmers Ave

    General Information

    Property type
    Land

    HighLights

    • $2,147,328 asking price.
    • 8.22‑acre commercial land parcel.
    • Located in Amarillo, TX, in the 79118 zip code.
    • Zoned General Retail.
    • Prime location near I‑27, Western Business Park, and City View.
    • High traffic count of 20,238.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.88054
    Latitude
    35.135974

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    FAQs

    What type of property is this?
    Land - Prime Amarillo location, high traffic count.
    Where is this land located?
    The property is located at Farmers Ave Amarillo, TX.
    What is the asking price?
    The asking price for this property is $2,147,328.
    What are key features of this property?
    This property features: $2,147,328 asking price.; 8.22-acre commercial land parcel.; Located in Amarillo, TX, in the 79118 zip code.
    Request Owner's contact information
    Farmers Ave 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
    Farmers Ave Amarillo, TX 79118
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