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    5600 Plum Creek Dr Amarillo, TX 79124

    For Sale
    $750,000

    Prime 3.46-acre commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 3.46-acre commercial land parcel, ideally situated in Amarillo, Texas, presents a compelling investment opportunity. Located at 5600 and 5645 Plum Creek Dr, Amarillo, TX 79124, in Potter County, this property boasts convenient access from Amarillo Boulevard and Tascosa Drive, ensuring high visibility and accessibility for potential businesses. The asking price is $750,000, translating to a land value of $4.98 per square foot. Utilities are readily available, making development straightforward. The site is situated within a thriving, expanding residential neighborhood in Northwest Amarillo, offering a strong customer base for various commercial ventures. Its strategic location near established businesses such as Education Credit Union, Starbucks, Chick-fil-A, and McDonald's further enhances its appeal. This property is perfectly suited for a diverse range of commercial uses, including restaurants, banks, medical facilities, or service-oriented businesses. The property's size and location make it an attractive prospect for developers seeking a prime location in a growing area of Amarillo. Don't miss this chance to acquire a highly desirable commercial land parcel in a rapidly developing area of Northwest Amarillo.

    Property Features for 5600 Plum Creek Dr

    General Information

    Property type
    Land
    Lot Size
    150,718 SF

    HighLights

    • Excellent access from Amarillo Blvd and Tascosa Dr.
    • All utilities are available on‑site.
    • Located in a rapidly growing Northwest Amarillo residential neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.9002006
    Latitude
    35.2172086

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    FAQs

    What type of property is this?
    Land - Prime 3.46-acre commercial lot
    Where is this land located?
    The property is located at 5600 Plum Creek Dr Amarillo, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Excellent access from Amarillo Blvd and Tascosa Dr.; All utilities are available on-site.; Located in a rapidly growing Northwest Amarillo residential neighborhood.
    Request Owner's contact information
    5600 Plum Creek Dr Amarillo, TX 79124
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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
    5600 Plum Creek Dr Amarillo, TX 79124
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