Property profile

0 24Th Ave Amarillo, TX 79108

OFF-MARKET
Land
551.45 ac lot
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Property summary

AI-generated overview

Exceptional 551.45-acre development opportunity in Amarillo, Texas, situated at the northwest intersection of Loop 335 and NE 24th. This expansive tract offers a unique blend of commercial and residential potential, allowing for flexible development plans. The property is conveniently located near key amenities, including a future Highland Park ISD Career Tech School, elementary school, school park, and soccer field, making it an attractive location for various projects. The high economic growth of this area further enhances its investment appeal. The land is currently available for purchase and can be subdivided, subject to a suitable offer. This presents a rare chance to acquire a significant parcel in a thriving Amarillo neighborhood, ideal for developers seeking to capitalize on the area's growth trajectory. The property's size and strategic location provide ample opportunities for creating a vibrant and successful community. Detailed site plans and subdivision possibilities can be discussed upon request. Potter County location and 79108 zip code.

Property profile

Verified
Property type Land
Lot 551.45 ac (24,021,162 SF)

Cap rate & NOI

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

Location

24Th Ave Amarillo, TX 79108
Amarillo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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