0 Farmers Ave Amarillo, TX 79118
This exceptional 8.22-acre commercial land parcel presents a remarkable investment opportunity in Southwest Amarillo, Texas. Strategically situated just south of the Western Business Park and north of City View, this property boasts unparalleled accessibility and visibility. Its prime location offers convenient access to Interstate 27, ensuring high traffic exposure for any commercial venture. The impressive daily traffic count of 20,238 vehicles underscores the significant potential for attracting customers and maximizing business growth. The property is zoned for General Retail use, providing flexibility for a wide range of commercial developments. This expansive lot, encompassing 357,888 square feet, offers ample space for large-scale projects. Furthermore, the opportunity exists to acquire two additional adjacent lots, totaling 14.30 acres, for a larger, more comprehensive development. The asking price for this exceptional property is $2,147,328. Located in Randall County, Amarillo, Texas, with a zip code of 79118, this property is situated at W Farmers Ave. Don't miss this chance to secure a prime piece of Amarillo real estate.
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.