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    58Th Ave Amarillo, TX 79110

    For Sale
    $345,000

    Prime Amarillo development land, ideal for mixed-use.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.58-acre commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Located at the corner of SW 58th Avenue and S Travis Street, this flat, readily developable lot boasts convenient access to city water and sewer services. The property is zoned AG, offering flexibility for a variety of commercial ventures. Its prime location within a rapidly growing neighborhood, surrounded by established businesses such as McDonald's, Chick-fil-A, Starbucks, Joe Taco's, and Ovr-eze, ensures high visibility and strong potential for return. The expansive, undeveloped space is perfect for office, retail, or mixed-use development, catering to the increasing demand in the area. The asking price is $345,000, representing a fee simple ownership with APN 219326. This is a rare chance to acquire a significant piece of land in a thriving Amarillo location, poised for immediate development and substantial future growth. Don't miss this opportunity to capitalize on the burgeoning commercial sector in this dynamic area of Amarillo.

    Property Features for 0 58Th Ave

    General Information

    Property type
    Land
    Lot Size
    68,825 SF

    HighLights

    • 1.58‑acre commercial land parcel in Amarillo, TX, located at SW 58th Ave & S Travis St.
    • Flat, readily developable lot with city water & sewer.
    • AG zoning allows for flexible commercial development.
    • High visibility location near McDonald's, Chick‑fil‑A, Starbucks, and other established businesses.
    • $345,000 asking price, fee simple ownership, APN 219326.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8661885
    Latitude
    35.149371

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    FAQs

    What type of property is this?
    Land - Prime Amarillo development land, ideal for mixed-use.
    Where is this land located?
    The property is located at 58Th Ave Amarillo, TX.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: 1.58-acre commercial land parcel in Amarillo, TX, located at SW 58th Ave & S Travis St.; Flat, readily developable lot with city water & sewer.; AG zoning allows for flexible commercial development.
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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
    58Th Ave Amarillo, TX 79110
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