0 Raef Rd, Amarillo, TX 79108
This exceptional 5.33-acre property presents a unique opportunity in Amarillo, Texas. Located in Potter County, on Raef Rd, zip code 79108, this unrestricted land offers unparalleled versatility. The property is zoned for commercial, farm, and residential use, providing flexibility for a wide range of development possibilities. Its convenient location places it near key employers such as Tyson, Pantex, Amazon, and Amarillo's airport, making it an attractive investment for businesses or individuals seeking proximity to urban amenities. The expansive 5.33 acres provide ample space for various projects, from building a custom home to establishing a commercial venture or agricultural operation. Enjoy the benefits of West Texas living with the convenience of city access. This raw land parcel is offered at $39,999 and presents a compelling investment opportunity in a rapidly growing area. The absence of zoning restrictions allows for maximum creative freedom in developing this prime real estate.
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
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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.