Located In: Randall County

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.

806.367.8334

Highland Springs Dev. – Plat

Price: $6,215,000

Status: For Sale

Type: Commerical

Size: ±44.05 Acres

1,918,818 sq ft

Square Feet

1 Mile X 425 Ft

Lot Dimensions

Located on the south side of Hollywood Rd. The property sits 1-2 miles west of the new loop.

Property Video

Property Info and Links

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.

Contact Us

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Property Photos

Aerial Map Photos

1
1 Mile of Paved Commerical Frontage

2
16 Individually Platted Lots

3
W Hollywood Rd Access

4
50-66% Appraised Value

Property Map

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