I-27 At Rockwell Rd Amarillo, TX 79119
This exceptional offering presents a rare opportunity to acquire prime commercial land strategically located on I-27 in Amarillo, Texas, just north of Rockwell Road and Greg Lair GMC. The property encompasses 23.64 acres zoned OCL (Outside City Limits), providing flexibility for a variety of industrial and office uses. The site features newly developed industrial/office pad sites, with lot sizes ranging from 1.04 to 1.16 acres, some of which can be combined to accommodate larger projects. Each lot boasts convenient I-27 frontage and access, ensuring excellent visibility and ease of ingress/egress. Newly constructed two-way access roadways connect to both I-27 and Rockwell Road, enhancing logistical efficiency. The land is priced competitively at $3.50 to $4.00 per square foot. Several individual lots are available, ranging in size and price, offering a variety of options to suit diverse development needs. This location offers unparalleled access to major transportation arteries, making it an ideal choice for businesses seeking a strategic presence in the Amarillo area. The Outside City Limits zoning allows for a wide range of development possibilities, providing significant potential for future growth and return on investment. Don't miss this chance to secure a piece of this highly desirable commercial real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.