Highland Springs Development
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/Easeme...
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).
From elevation to owner history
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
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.
Provided By
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