0 Amarillo Blvd At Plum Crk Amarillo, TX 79124
This exceptional 16.06-acre commercial land parcel in Amarillo, Texas, presents a unique investment opportunity. Located on Amarillo Boulevard at Plum Creek, this property boasts a highly desirable General Retail (GR) zoning designation. The site is strategically positioned near major retailers including Starbucks, Wendy's, McDonald's, Chick-fil-A, O'Reilly Auto Parts, Toot'n'Totum, and is within close proximity to United Supermarket, Lowe's, Walmart, Walgreens, and Tractor Supply. Furthermore, its location is only one mile from Harrington Regional Medical Center, ensuring high visibility and accessibility. The property offers excellent access from Amarillo Boulevard, Plum Creek Drive, and Tascosa Road, with all utilities readily available. The land is divided into three lots, offering flexibility for various development scenarios. Lot 1, approximately 68,904 square feet, is priced at $14 per square foot and features a 30-foot drive to Amarillo Boulevard for optimal access and signage. Lot 2, approximately 60,000 square feet, is situated on Plum Creek and priced at $8 per square foot. Lot 3 encompasses 13.1 acres and is priced at $6.50 per square foot. The property includes front and rear access drives from Plum Creek to Tascosa Drive, enhancing logistical efficiency. This prime location and versatile layout make this an ideal site for a variety of commercial developments. The property's strategic location and proximity to major retailers and medical facilities make it an exceptional investment opportunity with significant potential for growth and return. The zoning allows for a wide range of retail uses, making it suitable for various development plans. Don't miss this chance to acquire a highly sought-after commercial land parcel in a thriving Amarillo location. The zip code is 79124, and the Potter County location ensures easy access to major transportation routes.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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