I-40 South Amarillo, TX 79124
Exceptional 30-acre farm located just west of Amarillo, Texas, on the Interstate I-40 service road near Bushland. Priced at $6,534,000 ($5/sq ft), this prime property offers significant development potential outside city limits, yet conveniently close to Amarillo (5 minutes away). The land is ideal for a variety of uses, including light industrial manufacturing, business storefronts, warehousing, a business park, medical center, or truck parking center (excluding scrapyards). The property is readily subdividable to meet specific needs. Utilities are readily accessible, with electricity available on the road and water obtainable via well. This location benefits from its proximity to the growth corridor west of Amarillo along the Interstate, making it an attractive investment for long-term investors and developers seeking unrestricted development opportunities. No comparable properties of this size and price are available in the immediate area. This presents a unique chance to acquire a substantial tract of land with exceptional potential for future development and significant return on investment.
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.