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    OFF-MARKET
    Land

    0 45Th Ave, Amarillo, TX 79119

    20 ac lot
    Property ID
    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
    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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