Listing Agency: Gaut Whittenburg Emerson CRE b*@gwamarillo.com Show Phone

Listed By: Bo Wulfman, CCIM · License #0375664

Source: Moodyscre

Added: Apr 4, 2024 Changed: Aug 9 Last Checked: Aug 23 at 6:35AM

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Investment Insights

Based on property information with market context.

This 13.23-acre property is located east of Amarillo Blvd. on Gem Lake Rd. The site benefits from the availability of city utilities. The land is suitable for development and offers flexibility for various uses including residential, assisted living, or retail/office spaces, subject to city approval. The property is situated in a retail area near major retailers and an adjacent residential area, which provides high visibility and accessibility.

Key Highlights

• Prime development opportunity in a high‑traffic retail area.
• 13.23 acres with flexible zoning possibilities (subject to city approval).
• City utilities are on site, ready for development.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Nail Salon Restaurant Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

483

Businesses Nearby

Explore this area Business Placement

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Frequently Asked Questions

What type of property is this?

Land - 13.23 acres ready for development in a high-traffic area.

Where is this land located?

The property is located at 5521 Gem Lake Rd Amarillo, TX.

What is the asking price?

The asking price for this property is $4,034,092.

What are key features of this property?

This property features: Prime development opportunity in a high‑traffic retail area.; 13.23 acres with flexible zoning possibilities (subject to city approval).; City utilities are on site, ready for development.