Highland Springs Development, Amarillo, TX 79119

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/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.