58Th Ave Amarillo, TX 79110
- Land
Current Use by Public Records
- Land
Property Details for 0 58Th Ave
- Property type
- Land
Description
This exceptional 1.9-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Located at the intersection of SW 58th Ave and just east of Interstate 27, this property boasts a highly desirable location within a rapidly expanding area. The lot size is 82,764 square feet, and the land value is priced at $13 per square foot. The property is zoned for Planned Development, offering flexibility for a variety of commercial uses. Its strategic position benefits from exceptional visibility and accessibility, with over 33,000 vehicles passing daily on Interstate 27. The area is experiencing significant growth, evidenced by the recent development of new subdivisions and multifamily units nearby. Furthermore, the property's proximity to established businesses such as Chick-fil-A, Macaroni Grill, McDonald's, and a Walmart Neighborhood Market, further enhances its appeal and potential for strong returns. The seller is willing to subdivide the parcel to accommodate specific development needs. This is an ideal location for retail development, offering significant potential for growth and profitability in a thriving market. The property is vacant and ready for immediate development.
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
- -101.876
- Latitude
- 35.1493
