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Property profile & analytics
OFF-MARKET
Land

Amarillo, TX 79124

5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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