SEC Rusk St Amarillo, TX 79107
This exceptional 10-acre vacant land parcel presents a remarkable multi-family development opportunity in Amarillo, Texas. Ideally situated at the intersection of NW 12th Ave and N Rusk St, this property boasts convenient access to essential amenities and boasts a prime location adjacent to Carver Elementary School. The lot dimensions are approximately 640 feet by 690 feet, providing ample space for a substantial multi-family project. The property is zoned for multi-family use, simplifying the development process. Existing utilities are readily available on-site, further streamlining construction. This is a truly unique opportunity to capitalize on the growing Amarillo market and create a thriving multi-family community. A detailed bid package is available upon request. The asking price for this exceptional investment property is $35,000. The property is located in Potter County, Texas, with a zip code of 79107. This is a rare chance to acquire a large, well-located parcel in a desirable area of Amarillo. Don't miss this chance to secure a prime piece of land for your next multi-family development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.