Smelter Rd Amarillo, TX 79124
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 0 Smelter Rd
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 59.44-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Situated at the intersection of Old Smelter Road and 24th Street, this property, identified as Section 223 A 0 Smelter Road, offers significant potential for various commercial ventures. The asking price is $60,000. The property is categorized as special purpose land and has no existing structures or units. Its location in Potter County, Texas, zip code 79124, provides convenient access to Amarillo's infrastructure and amenities. The seller is offering attractive owner-carry financing terms, requiring a 10% down payment with a fixed 12% interest rate over a 30-year period. This financing option makes this substantial land holding accessible to a wider range of investors. The property's size and strategic location make it ideal for a variety of commercial developments, subject to local zoning regulations and permitting requirements. Detailed site surveys and environmental assessments are recommended prior to any development plans. This is a rare opportunity to acquire a large tract of commercial land in a growing Texas market with flexible financing options. Coordinates for the property are 35.2316582 latitude and -101.8685791 longitude. Further due diligence is advised.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.869
- Latitude
- 35.2317