4250 W Mccormick Rd, Amarillo, TX 79118
For Sale
1 / 2
This exceptional 2.5-acre commercial land parcel presents a unique investment opportunity in the desirable Timbercreek Canyon area of Amarillo, Texas. Situated conveniently at 4250 McCormick Road West, this property boasts an enviable location outside city limits, offering flexibility in development plans. The lot features substantial frontage, measuring 220 feet along McCormick Road and an impressive 520 feet along Western Street, providing excellent visibility and accessibility. Zoned for commercial use, this versatile land is well-suited for a variety of projects, including retail establishments, warehouse facilities, or even residential development, subject to county approvals. Adding to its appeal, a pre-existing 1,581 square foot metal structure is included, offering potential for immediate use or repurposing. The land is priced competitively at $4.50 per square foot, representing a strong value proposition in the current market. With its size, location, and existing structure, this property presents a compelling opportunity for investors and developers seeking a prime location in the Amarillo area. The property's address is 4250 McCormick Road West, Amarillo, TX 79118, in Randall County. This is a rare opportunity to acquire a substantial commercial lot with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.