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    Amarillo, TX 79118

    For Sale
    Contact for pricing

    Prime Amarillo industrial land, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 29-acre industrial land parcel presents a compelling investment opportunity in Amarillo, Texas. Located at the intersection of SE 3rd and Lakeside, this property boasts a strategic position east of the Pilot Travel Center, offering high visibility and convenient access to major transportation routes. The land is zoned for industrial use, providing flexibility for a variety of development projects. Priced competitively at $25,000 per acre, this represents a significant value proposition for developers seeking a substantial land holding in a rapidly growing area. The property's location in Potter County, Texas, within the 79118 zip code, ensures proximity to Amarillo's thriving business community and its robust infrastructure. With its expansive acreage and prime location, this property is ideally suited for a wide range of industrial uses, including warehousing, manufacturing, or distribution centers. The site's accessibility and visibility make it an attractive option for businesses seeking to establish a strong presence in the Amarillo market. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a significant tract of industrial land in a desirable location. Don't miss out on this chance to secure your future in Amarillo's dynamic industrial sector.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    1,263,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.7351
    Latitude
    35.1969

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    FAQs

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    The property is located at Amarillo, TX.
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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
    Amarillo, TX 79118
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