Property summary
This exceptional 3.16-acre commercial land parcel presents a prime investment opportunity in Amarillo, Texas. Located at the intersection of 58th and Western (South), this property boasts a highly desirable location, situated just east of Interstate 27 on 58th Avenue. The site is zoned AG and is ideal for retail or office development. The land is currently vacant and available for sale, with the possibility of subdivision. Benefit from the area's rapid growth, evidenced by the numerous new residential subdivisions and multifamily units being constructed nearby. This location enjoys exceptional visibility and accessibility, with daily traffic counts exceeding 30,000 vehicles on Interstate 27. The property's strategic placement is further enhanced by the proximity to thriving new retail developments, including a Chick-fil-A, Macaroni Grill, McDonald's, and a Walmart Neighborhood Market. The land value is priced competitively at $10-$13 per square foot. This is a rare opportunity to acquire a well-positioned commercial tract in a rapidly expanding market. Contact for pricing and further details.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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