and Hastings Land River Rd Amarillo, TX 79107
- Land
- 11.08 lot acres
Current Use by Public Records
- Land
Property Details for and Hastings Land River Rd
- Lot size
- 11.08 lot acres
- Property type
- Land
Description
This exceptional 11.08-acre property in Amarillo, Texas, presents a unique investment opportunity. Strategically located at the intersection of River Road and Hastings, this land boasts significant frontage on both major thoroughfares, measuring approximately 275 feet on River Road and 310 feet on Hastings. The property's zoning allows for a blend of retail and residential development, offering considerable flexibility for future projects. A substantial portion, 8.04 acres, is zoned for General Retail, while the remaining 3.04 acres are designated for Residential use. This advantageous zoning, coupled with the high-traffic location, makes it ideal for a variety of commercial and residential ventures. The property enjoys convenient utility access from both River Road and Hastings. Its prime location is further enhanced by its proximity to established businesses and residential communities, including United Supermarkets, Mariposa senior living (96 units), and Cypress Creek Apartment Homes (156 units). The asking price is $485,000, translating to an average of $1.00 per square foot. This represents a compelling value proposition given the property's size, zoning, and strategic location in a thriving Amarillo neighborhood. The property is situated in Potter County, Texas, with a zip code of 79107.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.809
- Latitude
- 35.2374