Land In Amarillo Amarillo, TX 79101
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Land In Amarillo
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This exceptional 10-acre commercial land parcel in Amarillo, Texas, presents a unique investment opportunity. Located in Potter County, near the intersection of S. Georgia Street between 58th and Farmers, this property is ideally situated for significant development. The land has already undergone site preparation, with fill and blading to bring it up to flood zone level. All essential utilities—power, water, and sewer—are readily available. While currently un-annexed to the City of Amarillo, this location benefits from its proximity to a rapidly expanding area experiencing substantial residential and commercial growth extending from 45th Ave. to the Loop. The property is zoned for a mix of residential and commercial development, offering flexibility for various projects. The seller prefers to sell the entire 10 acres as a single unit. A significant advantage is the planned widening of S. Georgia Street from two lanes to four, including a turning lane, further enhancing accessibility and value. The asking price is $2,999,999.99, representing a land value of $7 per square foot. Noteworthy is the nearby industrial park, currently experiencing significant development with several new businesses either operational or under construction. This area shows strong evidence of recent and ongoing growth, making this a compelling investment for developers seeking a prime location with excellent infrastructure and future potential. The zip code is 79101.
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
- -101.841
- Latitude
- 35.2045
