Property profile

3416 S Washington St Amarillo, TX 79109

FOR SALE
Commercial land
Property ID
US82-4223505
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Property summary

AI-generated overview

Prime Frontage: The property boasts dual frontage on both the I-27 frontage road and Washington Street, amplifying its visibility. High Traffic: Situated on two high-traffic arteries, offering a constant flow of potential customers or clients. Strategic Location: Located on the NE corner of Washington & I-27, ideal for businesses seeking high exposure. This property is a prime opportunity for commercial development or business expansion, benefitting from its high-traffic, high-visibility location. Ideal for investors or businesses looking to capitalize on its strategic positioning. Situated on the Northeast corner of Washington Street and I-27, this property occupies a prime location with high visibility and easy access to main transportation arteries. Its strategic positioning at a busy intersection makes it an ideal spot for commercial development or businesses looking to capitalize on steady traffic flow.

Property profile

Verified
Property type Commercial land
UPID US82-4223505

Cap rate & NOI

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

Location

3416 S Washington St Amarillo, TX 79109
Amarillo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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