I-40 Nwc Amarillo, TX 79118
This exceptional 7.98-acre commercial land parcel boasts a prime location at the Northwest corner of Lakeside Drive and I-40 in Amarillo, Texas (zip code 79118, Randall County). The property offers unparalleled visibility and accessibility due to its I-40 frontage, experiencing traffic counts exceeding 40,000 vehicles daily. Its strategic placement adjacent to established businesses like Toot'n Totum, Wendy's, and Mitch's BBQ ensures high foot traffic and brand synergy. The land is priced at $12 per square foot and is suitable for a variety of commercial uses, including food service, retail, and hospitality. The seller will subdivide the property, making it ideal for multiple users or developers seeking pad sites. Each pad site offers a generous 400-foot depth, providing ample space for building development. This presents a solid investment opportunity for businesses seeking high visibility and convenient access in a thriving Amarillo location. The property is available for sale and offers multiple lot options.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.