Active

Highland Springs Development

Amarillo TX, 79119

$6,215,000


Active

Commercial

Offering an investor special on commercial land just west of Amarillo, TX. This listing encumbers 1 mile of W Hollywood Rd frontage and 16 platted individual commercial lots.

We have an appraisal in hand with a value of $9,400,000 on the bulk and $12,390,000 retail value (individual lots). With that appraisal, we are offering the listing at 66% of the appraised bulk value and 50% of the retail value.

Individual lots will remain advertised. Call the office to check on lot availably and for additional questions. Water:
There are currently no wells located on the property. All lots will be on their own well and septic.

Improvements:
There are no improvements on the land at this time.

Minerals:
All owned mineral estate will convey with the sale.

Landscape:
The land is flat and readily available for a building site.

Exclusions:
There are no known exclusions at this time.

Zoning/Easements:
The property is outside of any municipality so is not zoned. The lots are subject to the Highland Springs Commerical deed restrictions. See attached.

Estimated 2023 Paid Taxes:*
2023 Taxes: $5,600.00

*This is an estimated tax for 2023. Potential buyers will be responsible for verifying the taxes with or without exemptions.*

Area:
The commercial property is located in the northern central portion of Randall County.

Access:
The property has paved access via W Hollywood Rd (continuation of the south loop).

Directions:
From Amarillo, TX, go south on Soncy Road. Exit from Loop 335 and continue on Soncy Rd. Go past Hollywood Rd, lot is on the right-hand side.

24-5671

MLS ID

October 1, 2024

Updated

Map

Highland Springs Development
Amarillo TX, 79119

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

44.05 Acres

Other Property Details

Area Name

2170 - Highland Springs


Garage

No


View

No


County

Randall


Pool

No

Listed by JT Haynes with Triangle Realty, LLC
Listing Contact:  

The IDX display contains information sourced from the Amarillo Association of REALTORS® as of 10/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/1/2024 at 9:25 PM UTC

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