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    9 9Th Ave Amarillo, TX 79106

    For Sale
    $1,193,108

    Prime Amarillo location, multi-use zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4.98-acre commercial land parcel in Amarillo, Texas, presents a compelling investment opportunity. Located at the intersection of 9th and Coulter Streets in Potter County, zip code 79106, this property is zoned for multi-family, retirement/assisted living, or office development. The asking price is $1,193,108, translating to $5.50 per square foot. Its strategic location offers excellent visibility and accessibility, situated just north of the SW 9th Ave. and Coulter intersection, on the east side of Coulter Street. The property benefits from its proximity to major healthcare facilities, including the Texas Tech Health Science Center & Vet School (less than half a mile) and BSA and NW Texas Hospitals (less than three-quarters of a mile). This prime location boasts strong demographics with a diverse mix of residential, multi-family, medical, and retail establishments. Coulter Street runs along the entire west boundary of the property, providing convenient access and high visibility. The property's size and zoning make it suitable for a variety of development projects, catering to the growing needs of the Amarillo community. This is a rare opportunity to acquire a significant commercial land parcel in a thriving area with excellent potential for future growth and return on investment.

    Property Features for 9 9Th Ave

    General Information

    Property type
    Land
    Lot Size
    216,929 SF

    HighLights

    • $1,193,108 asking price for 4.98 acres of commercial land.
    • Located in Amarillo, Texas, at the 9th & Coulter intersection.
    • Zoned for multi‑family, retirement/assisted living, or office development.
    • $5.50/SF land value.
    • Excellent location near Texas Tech Health Sciences Center and local hospitals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Law Firm Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.9218822
    Latitude
    35.2060274

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    FAQs

    What type of property is this?
    Land - Prime Amarillo location, multi-use zoning.
    Where is this land located?
    The property is located at 9 9Th Ave Amarillo, TX.
    What is the asking price?
    The asking price for this property is $1,193,108.
    What are key features of this property?
    This property features: $1,193,108 asking price for 4.98 acres of commercial land.; Located in Amarillo, Texas, at the 9th & Coulter intersection.; Zoned for multi-family, retirement/assisted living, or office development.
    (806) 373-3111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9 9Th Ave Amarillo, TX 79106
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