Property profile

0 Of Soncy Amarillo, TX 79108

OFF-MARKET
Land
36.05 ac lot
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Property summary

AI-generated overview

This exceptional 36.05-acre commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Strategically located just west of the intersection of Soncy Road and 34th Avenue, this property boasts significant frontage on 34th Avenue and benefits from exceptional visibility and accessibility. With a daily traffic count of 50,008 vehicles (per County data), this site offers unparalleled exposure to a large and diverse customer base. The land is situated in close proximity to new residential developments and a thriving commercial corridor along Soncy Road, ensuring strong potential for future growth and appreciation. The asking price is $6.00 per square foot. The property is divisible, offering flexibility for various development scenarios. This prime location in Potter County, Amarillo, TX 79108, presents an unparalleled opportunity for developers seeking to capitalize on the area's robust growth and high demand for commercial space. The property's location near established residential areas and a busy commercial corridor makes it an attractive option for a wide range of commercial uses.

Property profile

Verified
Property type Land
Lot 36.05 ac (1,570,338 SF)

Cap rate & NOI

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

Location

Of Soncy Amarillo, TX 79108
Amarillo metro
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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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