0 Hollywood Rd Amarillo, TX 79109
This exceptional 2.67-acre commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Located on Hollywood Road near Loop 335, this property is zoned LC - Light Commercial, offering a wide range of development possibilities. The site benefits from its strategic position within a thriving commercial area, surrounded by established businesses including Starbucks, Love's Truck Stop, McDonald's, Taco Bell, Whataburger, Pak a Sak, and Tractor Supply. Its proximity to the burgeoning residential community of "The Pinnacle" and Randall High School ensures high visibility and strong potential for customer traffic. Further enhancing its appeal is its adjacency to the expanding "Hollywood Addition" residential development, promising continued growth and increased property value. Utilities are readily available, including city water, sewer, electric, and gas services. Convenient access is provided via an easement on Bell Street. The land is priced at $14 per square foot, representing a compelling value proposition for developers and investors seeking a prime location in a rapidly growing area of Amarillo. This property offers significant potential for a variety of commercial ventures, capitalizing on the existing infrastructure and the dynamic growth of the surrounding area. Potter County location, zip code 79109.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.