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    4250 Mccormick Rd Amarillo, TX 79118

    For Sale
    Contact for pricing

    2.5-acre lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.5-acre commercial land parcel presents a unique investment opportunity in the desirable Timbercreek Canyon area of Amarillo, Texas. Situated conveniently at 4250 McCormick Road West, this property boasts an enviable location outside city limits, offering flexibility in development plans. The lot features substantial frontage, measuring 220 feet along McCormick Road and an impressive 520 feet along Western Street, providing excellent visibility and accessibility. Zoned for commercial use, this versatile land is well-suited for a variety of projects, including retail establishments, warehouse facilities, or even residential development, subject to county approvals. Adding to its appeal, a pre-existing 1,581 square foot metal structure is included, offering potential for immediate use or repurposing. The land is priced competitively at $4.50 per square foot, representing a strong value proposition in the current market. With its size, location, and existing structure, this property presents a compelling opportunity for investors and developers seeking a prime location in the Amarillo area. The property's address is 4250 McCormick Road West, Amarillo, TX 79118, in Randall County. This is a rare opportunity to acquire a substantial commercial lot with significant development potential.

    Property Features for 4250 Mccormick Rd

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • 2.5‑acre commercial land parcel in Amarillo, TX.
    • Located outside city limits in Randall County.
    • Zoned for versatile development, including retail, warehouse, or residential uses.
    • $4.50/SF land value.
    • Features 220' of frontage on McCormick Road and 520' on Western St.
    • Includes a 1,581 sq ft metal structure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Accounting Firm Storage Facility HVAC Service Garden Center Discount Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8839815
    Latitude
    35.072729

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    FAQs

    What type of property is this?
    Land - 2.5-acre lot, ideal for development.
    Where is this land located?
    The property is located at 4250 Mccormick Rd Amarillo, TX.
    What are key features of this property?
    This property features: 2.5-acre commercial land parcel in Amarillo, TX.; Located outside city limits in Randall County.; Zoned for versatile development, including retail, warehouse, or residential uses.
    (806) 373-3111
    Request Owner's contact information
    4250 Mccormick Rd 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
    4250 Mccormick Rd Amarillo, TX 79118
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