0 Hollywood RdAmarillo, TX 79119

For Sale
$6,215,000

Prime Amarillo commercial land, 44 acres, high appraisal.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 44.05-acre commercial and residential land parcel presents a unique investment opportunity in Amarillo, Texas. Strategically located on Hollywood Road in Randall County, zip code 79119, this property boasts an impressive one mile of road frontage. The land is already platted into sixteen individual commercial lots, offering flexibility for various development scenarios. A recent appraisal valued the entire property at $9,400,000 (bulk) and $12,390,000 (retail, individual lots). This listing offers a significant discount, priced at 66% of the appraised bulk value and 50% of the retail value, representing a compelling investment opportunity. The asking price is $6,215,000. While the individual lots will continue to be marketed separately, this bulk purchase presents a substantial advantage. This property is situated in a rapidly growing area of Amarillo, making it an ideal location for commercial development. Further details regarding lot availability and additional information can be obtained by contacting the office.

Highlights

  • $6,215,000 asking price.
  • 44.05-acre commercial and residential land parcel.
  • Located in Amarillo, Randall County, Texas, on Hollywood Rd, zip code 79119.
  • One mile of W Hollywood Rd frontage with 16 platted commercial lots.
  • Appraised at $9,400,000 (bulk) and $12,390,000 (retail value).

Property Details for 0 Hollywood Rd

Property type
Other land, Land
Lot Size (sq. ft)
1,918,818 SF

Location Insight

City
Amarillo
County
Randall
State
Texas
Latitude
35.1165377
Longitude
-101.9142195
Hollywood Rd, Amarillo, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Hollywood Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message