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    OFF-MARKET
    Land

    0 Raef Rd, Amarillo, TX 79108

    5.33 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 5.33 ac (232,175 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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