400 SW 10th Ave, Amarillo, TX 79101

Listing office KW Commercial h***@kwcommercial.com Show Phone

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

Report an issue

---

Overview

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.

Suggested Use

Dental Office Grocery & Convenience Store Food Market Acupuncture Car Rental Facility Pet Grooming Service Travel Agency Florist Skin Care Clinic (Bike/Boat/Book/etc) Store

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

Location Insight

• Map
• Local Demand

City

Amarillo

County

Randall

State

Texas

Longitude

-101.8417706

Latitude

35.2042235

Nearby Similar for Sale

• 

  $660,000

  6,250 SF

  Flex Warehouse with Overhead Doors

  Flex warehouse layout with multiple insulated bays, office space, and overhead doors for streamlined equipment access.

  4533 CANYON Drive, Amarillo, TX 79110

  View Details
• 

  $816,000

  4,082 SF

  Modern Office Building

  Modern office building with multiple private offices, conference rooms, and bullpen workspace plus multiple restrooms.

  6110 SW 34TH Avenue, Amarillo, TX 79109-4004

  View Details
• 

  $2,500,000

  10,402 SF

  Commercial Property in Southwest Amarillo

  Two-building commercial property with eight units in growing Amarillo area.

  6103 S COULTER Street, Amarillo, TX 79119-6750

  View Details
• 

  $2,500,000

  2,978 SF

  Former Foster Care Facility

  Fenced, multi-building campus with school, group homes, and support buildings on 9.09 acres outside city limits.

  4675 S FM 1258, Amarillo, TX 79118

  View Details
• 

  $895,000

  2,130 SF

  Established Auto Repair Business

  Profitable auto repair business and real estate for sale.

  1601 S WASHINGTON Street, Amarillo, TX 79102-2661

  View Details
• 

  $400,000

  8,448 SF

  Multi-Bay Automotive Flex Building

  Former semi truck shop with multiple overhead doors, office space, and fenced yard for light industrial or automotive use.

  3801 SE 22ND Avenue, Amarillo, TX 79103-6103

  View Details
• 

  $690,000

  10,300 SF

  Downtown Flex Retail Building

  Remodeled flex building with showrooms, warehouse space, and two electric overhead doors for mixed retail and office use.

  701 SE 10TH Avenue, Amarillo, TX 79101-3613

  View Details
• 

  $1,000,000

  13,600 SF

  I-40 Frontage Flex & Warehouse

  Two-building flex and warehouse property with overhead garage doors, office space, and separately metered utilities for six occupied units.

  11403 W INTERSTATE 40, Amarillo, TX 79124-2312

  View Details
• 

  $925,000

  4,500 SF

  Industrial Office Facility with 3 Doors

  Newly constructed warehouse and office with three automatic overhead doors and modern reception and meeting areas.

  13150 S COULTER Street, Amarillo, TX 79119-2739

  View Details
• 

  $500,000

  4,609 SF

  Professional Office Property in Amarillo

  Versatile office property with mature landscaping and recent parking upgrades.

  1721 S Tyler Street, Amarillo, TX 79102

  View Details
• 

  $695,000

  1,960 SF

  Clear-Span Warehouse with Office

  Clear-span industrial building with front office, multiple overhead doors, and vehicle lift for practical light industrial storage and operations.

  3101 E FM 1151, Amarillo, TX 79118

  View Details
• 

  $1,060,000

  17,788 SF

  Shop/Office Property on 7 Acres

  Shop/office property on 7.06 acres in Amarillo, Texas.

  2438 S Pullman Road, Amarillo, TX 79118

  View Details

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.