Highland Springs Development Amarillo, TX 79119 MLS# 24-5671
1 / 18
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: $3,625,417
To Be Auctioned: No
List Price: $3,625,417
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.
