Current Use by Public Records
- Office Spaces
Property Details for 0 Pt Pkwy
- Lot size
- 19.64 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional investment opportunity presents 19.64 acres of vacant, Class A medical office land within the prestigious Point West Business Campus in Amarillo, Texas. The property, zoned PD for Office/Medical Office, offers multiple buildable tracts ranging from 1.81 to 7.12 acres, providing flexibility for various development scales. With a land value ranging from $8 to $10 per square foot, this presents a compelling return on investment. The site boasts a prime location in Potter County, easily accessible via Point W Pkwy, and benefits from the established presence of numerous medical facilities and businesses, including Texas Oncology, BCBS of Texas, Atmos Energy, and others. The campus features meticulously maintained landscaping, including tree-lined boulevards, enhancing the aesthetic appeal and overall value. Building sizes can accommodate 78,844 to 310,147 square feet, catering to a wide range of development needs. Specific tract sizes include 4.24, 2.73, 4.39, 3.55, 2.92, and 1.81 acres. This is an unparalleled chance to establish a thriving medical practice or develop a significant medical office complex in a thriving, well-established business park. The property's location, zoning, and existing infrastructure make it an ideal choice for investors seeking a high-return, low-risk opportunity in the Amarillo medical market. The well-maintained grounds and established business community further enhance the property's desirability. This is a rare opportunity to acquire a substantial parcel of land in a highly sought-after location.
Value Estimations
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AI approach
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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
- -101.929
- Latitude
- 35.1949
