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    OFF-MARKET
    Land

    0 24Th Ave, Amarillo, TX 79108

    551.45 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional 551.45-acre development opportunity in Amarillo, Texas, situated at the northwest intersection of Loop 335 and NE 24th. This expansive tract offers a unique blend of commercial and residential potential, allowing for flexible development plans. The property is conveniently located near key amenities, including a future Highland Park ISD Career Tech School, elementary school, school park, and soccer field, making it an attractive location for various projects. The high economic growth of this area further enhances its investment appeal. The land is currently available for purchase and can be subdivided, subject to a suitable offer. This presents a rare chance to acquire a significant parcel in a thriving Amarillo neighborhood, ideal for developers seeking to capitalize on the area's growth trajectory. The property's size and strategic location provide ample opportunities for creating a vibrant and successful community. Detailed site plans and subdivision possibilities can be discussed upon request. Potter County location and 79108 zip code.

    Property profile
    Verified
    Property type Land
    Lot 551.45 ac (24,021,162 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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