Property profile

3 3Rd Ave Amarillo, TX 79118

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 189,486 square foot commercial land parcel in Amarillo, Texas, presents a unique investment opportunity. Located in Potter County, at the intersection of 3rd and Pullman Road, this AG-zoned property offers convenient access to major transportation arteries, including Interstate 40, Highway 287, and Amarillo International Airport. The asking price is $568,458, translating to a land value of $3 per square foot. A significant advantage is the availability of city utilities on-site, simplifying development and operational costs. The seller is open to dividing the property, providing flexibility for various development scenarios and business needs. This location benefits from high visibility and strong connectivity, situated amongst established businesses such as Hana Travel Plaza, Yellowhouse Machinery Co., and Good Dog Pet Ranch, ensuring a thriving commercial environment. The property's strategic position just north of I-40 on Pullman Road within Amarillo city limits makes it an attractive option for businesses seeking a prominent and accessible location. The zip code is 79118.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3 3Rd Ave Amarillo, TX 79118
Amarillo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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