Property profile

0 45Th Ave Amarillo, TX 79119

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

This exceptional 20-acre agricultural land parcel in Amarillo, Texas (Randall County, zip code 79119), presents a unique investment opportunity. Located south of 45th Ave, this property offers 1-15 acre pad sites ideal for immediate development. Utilities are already on-site, making construction seamless. Corner pads are priced at $25 per square foot, with off-corner or larger tracts priced according to location and size. The land boasts a prime location within the rapidly expanding southwest Amarillo area, adjacent to thriving retail and residential developments. Nearby established businesses include Cinergy, AirU Indoor Trampoline & Party Center, Verdure Fitness Center, Prime Chophouse, and Northwest Emergency at Town Square. Furthermore, Town Square Village, a mixed-use retail and residential development, is currently under construction to the west. Future additions to the area include Toot N' Totum and Wendy's. The property's strategic location also benefits from its proximity to Street Toyota, McGavock Nissan, and Street Volkswagen. This is an exceptional opportunity to capitalize on Amarillo's growth trajectory.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

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

Location

45Th Ave Amarillo, TX 79119
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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