Downtown Amarillo Development
For Sale
Contact for pricing
400 SW 10th Ave, Amarillo, TX 79101
Prime location with incentives for mixed-use, multi-family, or retail.
Property Size8,900 SF
Price / SF$64.61
Days on Market1195
Property Features for 400 SW 10th Ave
General Information
Standard status
Active
Size
8,900 SF
Property subtype
Land
Zoning
CBD
Listing Agency:
KW Commercial
(806) 359-4000
Listed By:
Holly Coats, CPA, CCIM · License #TX 606152
Source:
Crexi
Added: May 17, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:21AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,369
Businesses Nearby
Explore this area
Business Placement
Demographics for 79101, TX
2,307
Population
1,309
Households
1.8
Avg Household Size
51
Median Age
15%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
1,442
Density / Sq Mi
$40,313
Median Household Income
$36,409
Median Earnings
$898
Median Rent
$152,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
