Amarillo, TX 79124
This exceptional 5-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Strategically located on I-40 West, just west of Loop 335, this property boasts unparalleled visibility and accessibility. With approximately 385 feet of frontage and a depth of 530 feet, the site offers ample space for development. Situated outside city limits, this location provides flexibility in building design and construction, minimizing potential zoning restrictions. The property benefits from its proximity to established businesses, including Camping World, and is ideally positioned within Amarillo's rapidly expanding western corridor, experiencing significant growth in residential, retail, hotel, and multifamily developments. Daily traffic counts on I-40 at this location average 32,166 vehicles (TXDOT 2020 data), ensuring high exposure for any future development. The asking price for this prime commercial land is $1,695,000. This property is zoned for commercial use and is located in Potter County, Texas, with a 79124 zip code. The coordinates are 35.1868796 latitude and -101.933176 longitude. Don't miss this chance to capitalize on Amarillo's thriving commercial market.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.