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    4788 Osage St Amarillo, TX 79118

    For Sale
    Contact for pricing

    Prime Retail Lot, High Visibility, Great Value

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.538-acre commercial lot, situated at 4788 Osage Street S in Amarillo, Texas, presents a compelling investment opportunity. Zoned GR- General Retail, this property boasts 170 feet of frontage on Osage Street, providing excellent visibility and accessibility. Its strategic location is adjacent to several established residential neighborhoods, ensuring a readily available customer base. The property's ideal use would be a fuel station or convenience store, catering to the high volume of traffic and local residents. All necessary utilities are readily available, simplifying the development process and minimizing upfront costs. Priced competitively at $5 per square foot, this land offers significant potential for substantial returns in a thriving Amarillo market. The property is located in Randall County, Texas, with a zip code of 79118, and its coordinates are 35.1605119 latitude and -101.8130472 longitude. This is a rare chance to acquire a prime retail lot in a high-growth area with excellent potential for immediate development and long-term profitability. Don't miss this chance to secure a valuable asset in a desirable location.

    Property Features for 4788 Osage St

    General Information

    Property type
    Land
    Lot Size
    66,995 SF

    HighLights

    • 1.538‑acre commercial lot in Amarillo, TX, zoned GR‑General Retail.
    • 170 feet of Osage Street frontage offers high visibility and accessibility.
    • Excellent location near residential neighborhoods ensures a strong customer base.
    • Ideal for a fuel station or convenience store.
    • Utilities readily available, minimizing development costs.
    • Priced at $5/sq ft.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Hair Salon Auto Repair Shop Gym & Fitness Hotel & Motel Department Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8130472
    Latitude
    35.1605119

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    FAQs

    What type of property is this?
    Land - Prime Retail Lot, High Visibility, Great Value
    Where is this land located?
    The property is located at 4788 Osage St Amarillo, TX.
    What are key features of this property?
    This property features: 1.538-acre commercial lot in Amarillo, TX, zoned GR-General Retail.; 170 feet of Osage Street frontage offers high visibility and accessibility.; Excellent location near residential neighborhoods ensures a strong customer base.
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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
    4788 Osage St Amarillo, TX 79118
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