I-40 Rd Amarillo, TX 79124
This exceptional 20-acre property boasts a prime location at the southwest corner of I-40 and Hope Road in Amarillo, Texas, within Potter County. Zoned AG - Agricultural, this versatile land offers significant potential for commercial development. The asking price is $4,500,000. Its high visibility and convenient access to Interstate 40 make it an ideal site for a variety of businesses seeking high traffic exposure. The property is currently offered as a whole, but the seller is open to dividing the land into parcels ranging from 5 to 20 acres, providing flexibility for different development needs. This presents a unique opportunity to acquire a substantial tract of land in a rapidly growing area of Amarillo, offering excellent potential for return on investment. The property's address is clearly identifiable at the intersection of I-40 and Hope Road, SWC, Amarillo, TX 79124. The latitude and longitude coordinates are 35.1908129, -102.0472262 respectively. Serious inquiries are encouraged to explore the possibilities of this strategically located land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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