Property profile

23700 Mcafee Rd Amarillo, TX 79119

OFF-MARKET
Land
3812 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Established in 1928, Vincent Farms presents a unique investment opportunity encompassing ±3,812 acres of prime agricultural land west of Canyon and Amarillo, Texas. This expansive property boasts 11 miles of road frontage, providing exceptional access and development potential. Significant improvements include 23 wells (21 interconnected, serving ±1,685 acres under pivot irrigation), 7 sprinklers, a substantial 2016 shop/barndominium exceeding 20,000 gross square feet (with 1,590 square feet of living space), two quonset barns, and approximately 105,000 bushels of grain storage capacity housed in five 21,000-bushel bins. Extensive fencing includes 10 miles of 5-strand barbed wire and 13 miles of hot wire. Infrastructure is robust, featuring fiber optic and natural gas lines, along with four 10,000-gallon storage tanks. The sale includes 50% of the owned mineral estate, as well as all wind and solar rights. Please note that all rolling stock, portable corrals, cattle equipment, Batco conveyors (2), six shipping containers, fuel tanks and trailers, and feed bunks and chutes are excluded from the sale. This is a rare opportunity to acquire a large-scale, well-equipped agricultural property with significant development potential in a desirable location. The asking price is $24,783,590. Located in Randall County, Texas, with the address 23700 McAfee Rd, Amarillo, TX 79119.

Property profile

Verified
Property type Land
Lot 3812 ac (166,050,720 SF)

Cap rate & NOI

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

Location

23700 Mcafee Rd Amarillo, TX 79119
Amarillo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 23700 Mcafee Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message