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Prime Development Opportunity in Amarillo
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5500 Plum Creek Dr, Amarillo, TX 79124

1.28-acre parcel in high-growth area, ideal for development.

Property SizeContact for details
Lot Size1.28 Acres
Days on Market232

Property Features for 5500 Plum Creek Dr

General Information

Standard status Active
Lot size 1.28 Acres
Property subtype Land
Listing Agency: FIMC Commercial Realty
Listed By: Kirk Chudej · License #TX 604402
Source: Crexi
Added: Mar 4 Changed: Oct 17 Last Checked: Oct 20 at 8:05PM

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 FIMC Commercial Realty

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Investment Insights

Based on property information with market context.

This 1.28-acre commercial land parcel, totaling 55,757 SF, is located on Plum Creek Drive in Amarillo, Texas. Situated on the Gem Lake Road corridor, the property benefits from its location in a high-growth area with new housing, multifamily developments, and emerging commercial activity. The site offers visibility and accessibility, enhanced by its proximity to a retail anchor like Starbucks. This location is suitable for various development possibilities, including retail, restaurant, office, or service-oriented ventures. The property offers a blend of high demand and long-term growth potential in one of Amarillo's fastest-growing corridors, with strong traffic counts and flexibility in development options.

Key Highlights

  • 1.28‑acre parcel in high‑growth Gem Lake Road corridor.
  • Surrounded by new housing, multifamily developments, and emerging commercial activity.
  • Proximity to a proven retail anchor like Starbucks.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Restaurant Big Box & Wholesale Store

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

252
Businesses Nearby

Demographics for 79124, TX

11,585
Population
4,676
Households
2.5
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
181.2 sq mi
ZIP Area
64
Density / Sq Mi
$110,144
Median Household Income
$64,296
Median Earnings
$1,158
Median Rent
$325,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.28-acre parcel in high-growth area, ideal for development.
Where is this commercial land located?
The property is located at 5500 Plum Creek Dr Amarillo, TX.
What is the asking price?
The asking price for this property is $617,685.
What are key features of this property?
This property features: 1.28‑acre parcel in high‑growth Gem Lake Road corridor.; Surrounded by new housing, multifamily developments, and emerging commercial activity.; Proximity to a proven retail anchor like Starbucks.
(806) 358-7151 Call to check price and availability
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