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0 W IH 40 20 Acres of Commercial Land Offered at $5,226,481 in Amarillo, TX 79124
Investment Highlights
- Frontage along Interstate 40, a major transportation route through Amarillo.
- Suitable for diverse uses including retail centers, hotels, medical complexes, or office buildings.
- Located outside city limits, providing potential advantages in permitting and development costs.
- 20-acre parcel divisible into four 5-acre tracts for flexible development options.
- Access easement from Arnot Road and documented driveway curb cuts streamline future construction.
- Strategic position within a growth area supported by market demand and strong traffic counts.
Executive Summary
Property has frontage on Interstate 40 close to Arnot Rd. The land can be split into 4 parcels that are 5 acres each.The driveway curb cuts can be viewed in the documents. The lots are $6 sq ft. Perfect for retail, office, hotel and medical buildings!
There is an easement for access from Arnot Road.
There is an easement for access from Arnot Road.
Property Facts
| Price | $5,226,481 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 20.00 AC |
| Property Type | Land | ||
| Zoning | OCL - Outside City Limits | ||
| Price | $5,226,481 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 20.00 AC |
| Zoning | OCL - Outside City Limits |
1 Lot Available
Lot
| Price | $5,226,481 | Lot Size | 20.00 AC |
| Price Per AC | $261,324.05 |
| Price | $5,226,481 |
| Price Per AC | $261,324.05 |
| Lot Size | 20.00 AC |
Property has frontage on Interstate 40 close to Arnot Rd. The land can be split into 4 parcels that are 5 acres each.The driveway curb cuts can be viewed in the documents. The lots are $6 sq ft. Perfect for retail, office, hotel and medical buildings
Description
The property on W IH 40 in Amarillo consists of a 20-acre tract with Interstate 40 frontage near Arnot Road. The site lies outside the city limits and can be subdivided. Infrastructure includes established easement access and planned curb cuts. The surrounding area features highway-oriented development activity with connectivity to Amarillo’s commercial and residential zones.
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Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R-370-1100-6300-0 | Improvements Assessment | $0 |
| Land Assessment | $3,065 | Total Assessment | $3,065 |
Property Taxes
Parcel Number
R-370-1100-6300-0
Land Assessment
$3,065
Improvements Assessment
$0
Total Assessment
$3,065
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0 W IH 40