2851 Augusta Ave Amarillo, TX 79124
This exceptional 1.03-acre commercial lot presents a remarkable investment opportunity in Amarillo, Texas. Located at 2851 Augusta Ave, in Potter County, zip code 79124, this property offers significant potential for development. The lot boasts a desirable corner location within a cul-de-sac, providing excellent visibility and accessibility. With a total area of 44,867 square feet, the land features rolling topography. Situated outside city limits in the prestigious, newly developed, gated community of Tascocita Hills, this property offers a unique blend of tranquility and convenience. The HOA ensures a secure and well-maintained environment for residents and businesses. The absence of existing structures provides complete freedom in design and construction, allowing for the creation of a custom-built commercial space tailored to specific needs. This prime location offers proximity to various amenities, making it an ideal site for a wide range of commercial ventures. The asking price is $150,000. Don't miss this chance to acquire a valuable piece of land in a thriving community.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.