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$6,215,000
Highland Springs Development
Amarillo, TX 79119
MLS# 24-5671



Highland Springs Development, Amarillo, TX 79119
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Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119 Highland Springs Development, Amarillo, TX 79119

Property Description
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.

Details
Maps
Property Information
Current Price: $6,215,000
To Be Auctioned: No
List Price: $6,215,000
Zone: 2000 - SW of Amarillo City Limits
Area: 2170 - Highland Springs
Status: Active
Realtor.COM Type: Commercial
Square Foot Source: Appr Measure
Lot Size Square Feet: 1918818
Taxes and Legal Information
Street Name: Highland Springs Development
State/Province: TX
Postal Code: 79119
County: Randall
Contract Information
L/A Supervisor: JT Haynes
Supervisor's Phone #: 806-367-8334
L/A Supervisor License Number: 458326
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.
Property Features
Road Frontage: Paved Road
Supplements
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.

Listing Office: Triangle Realty, LLC

Listing Agent: JT Haynes

Last Updated: July - 10 - 2024


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.