Property profile

24th Nwc Amarillo, TX 79108

OFF-MARKET
Land
5.32 ac lot
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Property summary

AI-generated overview

This exceptional 5.32-acre commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Strategically located at the highly visible corner of Loop 335 and Northeast 24th Street, this property boasts unparalleled accessibility and exposure to significant daily traffic volume. The expansive lot offers considerable potential for a wide range of commercial developments, from retail centers and restaurants to office buildings and industrial facilities. Its prime location within Amarillo's thriving commercial corridor ensures strong visibility and easy access for customers and employees. The property's size and location make it an ideal candidate for a large-scale development project or a smaller, more focused venture. Utilities are readily available, simplifying the development process and minimizing upfront costs. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area of Amarillo, offering significant long-term investment potential. The address is specifically Loop 335 & NE 24th NWC, Amarillo, TX 79108. Detailed site plans and surveys are available upon request. Don't miss this chance to secure a prime piece of Amarillo real estate. The property is zoned for commercial use.

Property profile

Verified
Property type Land
Lot 5.32 ac (231,739 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24th Nwc Amarillo, TX 79108
Amarillo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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