0 Hollywood Rd Amarillo, TX 79119
This exceptional 18.43+/- acre commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Situated on the southeast corner of Coulter and Hollywood Roads in rapidly growing southwest Amarillo, this vacant retail pad boasts unparalleled accessibility and visibility. The property is zoned AG and is easily subdividable, offering flexibility for various development scenarios. Its strategic location benefits from high daily traffic counts exceeding 43,000 vehicles on Interstate 27 and 16,000 on Loop 335, ensuring significant exposure for any commercial venture. The area is experiencing substantial growth, with a new United Supermarket slated to open in the fall of 2024 directly across the street, adding to the already strong retail presence. Further enhancing the property's appeal is its proximity to a new Kids Inc sports complex with multiple youth athletic fields to the south and a Cinemark movie theatre bordering the east property line. Five schools within a two-mile radius underscore the area's family-friendly atmosphere and strong potential for residential growth. Land value ranges from $18 to $25 per square foot. This is an exceptional opportunity to capitalize on the burgeoning commercial landscape of southwest Amarillo.
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.
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.