400 SW 10th Ave Amarillo, TX 79101
Prime location with incentives for mixed-use, multi-family, or retail.
Type:Land
Property size:
8,900 SF- Added:
- May 17, 2023
- Days on Market:
- 1075
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 400 SW 10th Ave
General Information
- Standard status
- Active
- Size
- 8,900 SF
- Property subtype
- Land
Listing agent Holly Coats, CPA, CCIM License #TX 606152
Listing office KW Commercial
Listing date May 17, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial
Overview
Downtown Amarillo Development Opportunity
This property presents a prime development opportunity in downtown Amarillo. The site includes an 8,900 square foot, two-story building that can be redeveloped or demolished. The location is suitable for a mixed-use development, multi-family project, or retail business. Downtown Amarillo is described as a vibrant and growing area. The property's location benefits from the presence of West Texas A & M University, Sharpened Iron Studios, the Amarillo Sod Poodles baseball stadium, the Amarillo Globe News Center, and the Amarillo Civic Center, all of which attract people to downtown Amarillo. Numerous incentives, tax credits, and grants are available to help offset development costs, including Federal and State Historic Tax Credits, Center City Facade Grants, and TIRZ property tax abatement. The property is located in an Opportunity Zone, Neighborhood Empowerment Zone, Food Desert, and a Low Income Housing Census Tract. It would also qualify for Texas PACE financing.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Randall
- State
- Texas
- Longitude
- -101.8417706
- Latitude
- 35.2042235
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Prime location with incentives for mixed-use, multi-family, or retail.
Where is this commercial land located?
The property is located at 400 SW 10th Ave Amarillo, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Prime development opportunity in downtown Amarillo with numerous incentives, tax credits and grants available.; Located in an Opportunity Zone, Neighborhood Empowerment Zone, Food Desert, and Low Income Housing Census Tract.; Qualifies for Federal and State Historic Tax Credits, Center City Facade Grants and TIRZ property tax abatement.
