0 45Th Ave, Amarillo, TX 79119
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.