Listing Agency: FIMC Commercial Realty k***@fimcrealty.com Show Phone

Listed By: Kirk Chudej · License #TX 604402

Source: Crexi

Added: Jan 13 Changed: Aug 12 Last Checked: Aug 21 at 11:38AM

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Investment Insights

Based on property information with market context.

Located at PALISADES at 12407 TANGLEWOOD ROAD in Amarillo, Texas, this property presents an opportunity to own land near Lake Tanglewood. It is suitable for a workshop or storage space. Situated outside city limits, the property offers a peaceful setting with access to River Falls Airport and Amarillo Dragway. Lot 1 measures 95x105 and is listed for $85,000. Lots 2&3 each measure 50x75 and are available for $75,000 per lot. The location is suitable for personal hobbies or investment opportunities.

Key Highlights

• Land close to Lake Tanglewood.
• Outside city limits, offering a peaceful setting.
• Suitable for workshop or storage space.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Dental Office Veterinary Clinic Storage Facility Bar & Pub

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

22

Businesses Nearby

Explore this area Business Placement

Demographics for 79118, TX

27,608

Population

11,116

Households

2.5

Avg Household Size

35

Median Age

25%

College-Educated

92%

High-School Grad

159.4 sq mi

ZIP Area

173

Density / Sq Mi

$87,011

Median Household Income

$44,141

Median Earnings

$1,328

Median Rent

$224,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Land near Lake Tanglewood ideal for workshop or storage.

Where is this commercial land located?

The property is located at 12407 Tanglewood Rd Amarillo, TX.

What is the asking price?

The asking price for this property is $85,000.

What are key features of this property?

This property features: Land close to Lake Tanglewood.; Outside city limits, offering a peaceful setting.; Suitable for workshop or storage space.