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    OFF-MARKET
    Land

    12400 Interstate 40 Hwy, Amarillo, TX 79118

    22.04 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 22.04-acre commercial and industrial land parcel presents a unique investment opportunity in Amarillo, Texas. Strategically located at the intersection of Interstate 40 and US 287, this property boasts high visibility and accessibility, with 37,739 cars passing daily on I-40. The site is conveniently situated 1.7 miles east of the popular Buc-ee's and near Amarillo's airport, ensuring excellent connectivity and exposure. The land has been thoughtfully divided into four approximately 5-acre parcels, offering flexibility for various development scenarios. Infrastructure is partially in place, including two pre-installed concrete curb cuts. City water is readily available, and a septic variance is pending approval from the city. This prime location, coupled with the existing infrastructure and high traffic count, makes this property ideal for a wide range of commercial and industrial uses. The land's value is $2 per square foot, representing a compelling investment opportunity in a rapidly growing area. Detailed surveys and site plans are available upon request. Don't miss this chance to secure a prominent position on one of Amarillo's busiest transportation corridors.

    Property profile
    Verified
    Property type Land
    Lot 22.04 ac (960,062 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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