For Sale
$4,500,000

701 Farmers Ave Amarillo, TX 79118

Texas Panhandle farm, 8,755 sq ft.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 6.61-acre property in Amarillo, Texas (Randall County, zip code 79118, APN 217885) presents a unique opportunity to acquire a strategically developed hydroponic farm. The 8,755-square-foot facility, built in 1965 and featuring one story, includes ten 39' x 108' greenhouses and two 147' x 240' high tunnels, totaling 80,000 square feet of growing space. The property boasts recently updated infrastructure, including wet walls, efficient exhaust and gable fans, water recirculation technology, and low-energy hardware. Greenhouse 7 is connected to a germination house capable of producing 14,000 plant starts. A fully equipped warehouse with new overhead doors, an updated reception office, and dedicated quality control space complements the facility. Additionally, a converted residence provides an executive conference room and two offices. This Class B, owner-user investment opportunity is priced at $4,500,000 and offers significant potential for year-round production. The farm's design prioritizes sustainability, utilizing minimal resources and organic chemicals. Letters of Intent exist with Affiliated Foods, Sutherlands, and Double D, indicating established distribution channels. This is an ideal investment for expanding agricultural portfolios or establishing a sustainable, high-yield operation.

Highlights

  • 6.61-acre hydroponic farm in Amarillo, TX (79118), offering 80,000 sq. ft. of growing space in ten 39' x 108' greenhouses and two 147' x 240' high tunnels.
  • Recently updated infrastructure including wet walls, exhaust/gable fans, water recirculation, and low-energy hardware.
  • Greenhouse 7 features an attached germination house with 14,000 plant start capacity.
  • Includes a fully equipped warehouse with new overhead doors, updated reception area, quality control space, executive conference room, and two offices.
  • Sustainable design emphasizing minimal resource use and organic chemicals.
  • Letters of Intent (LOI) with Affiliated Foods, Sutherlands, and Double D for product distribution.

Property Details for 701 Farmers Ave

Property type
Commercial real estate
Class
B
Year Built
1965
Stories
1
Lot Size (sq. ft)
287,932 SF
Units
1

Location Insight

City
Amarillo
County
Randall
State
Texas
Latitude
35.135323
Longitude
-101.832735

FAQs

What type of property is this?
Commercial real estate - Texas Panhandle farm, 8,755 sq ft.
Where is the commercial real estate located?
The property is located at 701 Farmers Ave Amarillo, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 6.61-acre hydroponic farm in Amarillo, TX (79118), offering 80,000 sq. ft. of growing space in ten 39' x 108' greenhouses and two 147' x 240' high tunnels.; Recently updated infrastructure including wet walls, exhaust/gable fans, water recirculation, and low-energy hardware.; Greenhouse 7 features an attached germination house with 14,000 plant start capacity.
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701 Farmers Ave
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