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    Roach Dr Amarillo, TX 79121

    For Sale
    Contact for pricing

    Prime Ag Land, City Utilities, I-40 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional agricultural land parcel, located on Roach Drive in Amarillo, Texas (79121), presents a compelling investment opportunity. Situated conveniently just west of Soncy Road, this property boasts readily available city utilities, eliminating the need for costly infrastructure development. The zoning is designated AG - Agricultural, providing flexibility for various agricultural uses. The land is priced competitively at $10 per square foot, representing a strong value proposition in the current market. Its strategic location offers easy access to Interstate 40, ensuring seamless transportation and logistical advantages. This makes it ideal for farmers, ranchers, or investors seeking a well-positioned, utility-serviced agricultural tract in a rapidly growing area of Randall County. The property's proximity to Amarillo provides access to a robust support network for agricultural operations, including equipment suppliers, processing facilities, and a skilled workforce. This is a rare opportunity to acquire prime agricultural land with significant development potential and immediate utility access. Don't miss out on this exceptional investment opportunity.

    Property Features for 0 Roach Dr

    General Information

    Property type
    Farms

    HighLights

    • West Soncy Road location on Roach Drive.
    • City utilities available.
    • Convenient I‑40 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.9381713
    Latitude
    35.1781505

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    FAQs

    What type of property is this?
    Farm - Prime Ag Land, City Utilities, I-40 Access
    Where is this farm located?
    The property is located at Roach Dr Amarillo, TX.
    What are key features of this property?
    This property features: West Soncy Road location on Roach Drive.; City utilities available.; Convenient I-40 access.
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    Roach Dr Amarillo, TX 79121
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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
    Roach Dr Amarillo, TX 79121
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