Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    09 & Coulter - Cor Amarillo, TX 79106

    For Sale
    $8,334,988

    Highly desirable 49.7-acre commercial tract in Amarillo, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 49.7-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Located at the northeast corner of 9th and Coulter Streets in Potter County, zip code 79106, this property is zoned for multi-family, retirement/assisted living, medical, or office development. The asking price is $8,334,988.20, translating to a land value of $4.85 per square foot. The expansive lot offers significant potential for large-scale development, catering to a variety of uses. Its strategic location boasts excellent visibility and accessibility, situated less than half a mile from the Texas Tech Health Science Center & Vet School and less than three-quarters of a mile from BSA and NW Texas Hospitals. The area demonstrates strong demographics with a healthy mix of residential, medical, and retail establishments. Coulter Street runs along the entire western boundary of the property, providing convenient access and frontage. This property is ideally suited for developers seeking a substantial land holding in a thriving Amarillo location. The seller may also offer an adjacent 4.98-acre parcel for sale separately.

    Property Features for 0 09 & Coulter - Cor

    General Information

    Property type
    Land
    Lot Size
    2,164,932 SF

    HighLights

    • $8,334,988.20 asking price for 49.7 acres of commercial land.
    • Located at the NE corner of 9th & Coulter in Amarillo, Potter County, Texas (79106).
    • Zoned for multi‑family, retirement/assisted living, medical, or office development.
    • Land value: $4.85/SF.
    • Excellent location near Texas Tech Health Sciences Center & Vet School and BSA & NW Texas Hospitals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Amarillo
    County
    Potter county
    State
    Texas
    Longitude
    -101.9213535
    Latitude
    35.1938521

    Nearby Similar for Sale

    • $2,929,300

      Amarillo Portfolio of 12 Homes

      Portfolio of 12 homes in Amarillo, TX for sale.
      Amarillo, TX 79109
      View Details
    • $375,000
      0.51 Acres

      Multifamily Investment Opportunity in Amarillo

      Five units in two buildings, potential for owner financing.
      1403 S Hughes St, Amarillo, TX 79102
      View Details
    • $999,000

      New Multifamily Investment Opportunity

      New construction quadplex in Amarillo, TX, built for rental efficiency.
      4010 Clive Ave, Amarillo, TX 79118
      View Details
    • $620,000
      38.55 Acres

      Barndominium on 38+ Acres

      Barndominium on 38.55 acres near Amarillo with pond.
      18501 Gold Rd, Amarillo, TX 79124
      View Details
    • $180,000
      1,207 SF

      Updated Duplex in Amarillo, Texas

      Charming, updated duplex perfect for various living arrangements.
      3804 NE 26Th Ave, Amarillo, TX 79107
      View Details
    • $1,925,000
      11,776 SF

      Multifamily Investment in Amarillo, TX

      Multifamily property in Amarillo's Tierra Santa development, ideal for investors.
      16100 Del Sol Dr, Amarillo, TX 79119
      View Details

    FAQs

    What type of property is this?
    Land - Highly desirable 49.7-acre commercial tract in Amarillo, TX.
    Where is this land located?
    The property is located at 09 & Coulter - Cor Amarillo, TX.
    What is the asking price?
    The asking price for this property is $8,334,988.
    What are key features of this property?
    This property features: $8,334,988.20 asking price for 49.7 acres of commercial land.; Located at the NE corner of 9th & Coulter in Amarillo, Potter County, Texas (79106).; Zoned for multi-family, retirement/assisted living, medical, or office development.
    (806) 373-3111
    Request Owner's contact information
    09 & Coulter - Cor Amarillo, TX 79106
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    09 & Coulter - Cor
    Amarillo, TX 79106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    09 & Coulter - Cor Amarillo, TX 79106
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.