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    23700 Mcafee Rd Amarillo, TX 79119

    For Sale
    $24,783,590

    Exceptional 3,812-acre farm, Amarillo, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Established in 1928, Vincent Farms presents a unique investment opportunity encompassing ±3,812 acres of prime agricultural land west of Canyon and Amarillo, Texas. This expansive property boasts 11 miles of road frontage, providing exceptional access and development potential. Significant improvements include 23 wells (21 interconnected, serving ±1,685 acres under pivot irrigation), 7 sprinklers, a substantial 2016 shop/barndominium exceeding 20,000 gross square feet (with 1,590 square feet of living space), two quonset barns, and approximately 105,000 bushels of grain storage capacity housed in five 21,000-bushel bins. Extensive fencing includes 10 miles of 5-strand barbed wire and 13 miles of hot wire. Infrastructure is robust, featuring fiber optic and natural gas lines, along with four 10,000-gallon storage tanks. The sale includes 50% of the owned mineral estate, as well as all wind and solar rights. Please note that all rolling stock, portable corrals, cattle equipment, Batco conveyors (2), six shipping containers, fuel tanks and trailers, and feed bunks and chutes are excluded from the sale. This is a rare opportunity to acquire a large-scale, well-equipped agricultural property with significant development potential in a desirable location. The asking price is $24,783,590. Located in Randall County, Texas, with the address 23700 McAfee Rd, Amarillo, TX 79119.

    Property Features for 23700 Mcafee Rd

    General Information

    Property type
    Farms
    Lot Size
    166,050,720 SF

    HighLights

    • $24,783,590 asking price for 3,812 acres of agricultural land.
    • Located in Randall County, Texas, near Amarillo and Canyon.
    • Includes 23 wells (21 interconnected), irrigation systems (7 sprinklers, ~1,685 acres under pivot), and extensive storage (grain bins, tanks).
    • Features a 20,000+ sq ft shop/barndominium (1,590 sq ft living space), two quonset barns, and extensive fencing.
    • 50% mineral rights and all wind and solar rights included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -102.1164061
    Latitude
    35.0655158

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    FAQs

    What type of property is this?
    Farm - Exceptional 3,812-acre farm, Amarillo, TX
    Where is this farm located?
    The property is located at 23700 Mcafee Rd Amarillo, TX.
    What is the asking price?
    The asking price for this property is $24,783,590.
    What are key features of this property?
    This property features: $24,783,590 asking price for 3,812 acres of agricultural land.; Located in Randall County, Texas, near Amarillo and Canyon.; Includes 23 wells (21 interconnected), irrigation systems (7 sprinklers, ~1,685 acres under pivot), and extensive storage (grain bins, tanks).
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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.

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    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.

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    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
    23700 Mcafee Rd Amarillo, TX 79119
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