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Investment Highlights

  • Approximately 228 acres fronting Highway 287 in Masterson.
  • Strategic northern Texas Panhandle location with convenient proximity to Amarillo.
  • Rail access on-site for optimized logistical operations.

Executive Summary

Former helium production plant
Buildings can be refurbished
Rail access on the property
Total land: 214.23 acres (133.68 + 80.55 acres) or 228 acres per public records
Located in two counties: Moore and Potter/Randall
Easy access via Highway 287 to Masterson and Amarillo

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
Total Lot Size 228.00 AC
Zoning commercial - Commercial, Industrial,

1 Lot Available

Lot

Lot Size 228.00 AC

Extensive frontage along Highway 287 ensures visibility and accessibility. Coupled with the availability of utility infrastructure and favorable parcel size, this property represents a unique chance to reposition a historically significant site.

Description

This industrial redevelopment opportunity spans approximately 228 acres along Highway 287 in Masterson, TX, offering unmatched potential in a strategic Texas Panhandle location. The property previously housed a helium production plant, and existing structures may be refurbished or removed depending on redevelopment plans. With direct rail access and a substantial land position, this site is ideal for logistics-centric or manufacturing-driven users. The property sits across Moore and Potter/Randall Counties and benefits from excellent regional connectivity via Highway 287, a key transportation corridor serving Amarillo and extending to major markets. Ample acreage and diversified zoning provide flexibility for a wide range of commercial, industrial, or future mixed-use applications.

Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
114288
Land Assessment
$50,140
Improvements Assessment
$20,000
Total Assessment
$70,140
  • Listing ID: 36741366

  • Date on Market: 7/15/2025

  • Last Updated:

  • Address: Highway 287, Masterson, TX 79058

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