& Ravenwood Tascosa Rd Amarillo, TX 79124
This exceptional 1.56-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Located at the intersection of Tascosa Road and Ravenwood, this property is strategically positioned in Northwest Amarillo, offering excellent visibility and accessibility. The GR zoning permits both retail and office development, providing flexibility for a variety of uses. Priced at $615,000, or $9 per square foot, this represents a compelling land value in a rapidly developing area. The property enjoys a highly desirable location adjacent to The Rim at Quail Creek, a new subdivision featuring 96 homes currently under development. Its proximity to established residential areas like the Woodlands and Westcliff subdivisions, along with a VA nursing home and The Church at Quail Creek, ensures a strong and growing customer base. Furthermore, the site benefits from its close proximity to major retail anchors including Amarillo National Bank, Walmart, Lowe's, and United Supermarkets, creating a vibrant and convenient commercial environment. This property is ready for immediate development and offers significant potential for long-term growth and return on investment. The address is Tascosa Road & Ravenwood, Amarillo, TX 79124, in Randall County.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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