Property profile

Amarillo TX Gristmill Ln Amarillo, TX 79121

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

Own a piece of the West Texas High Plains! Multiple 5 and 6-acre plots are available northeast of Amarillo, Texas, in Potter County, zip code 79121. These properties are located on W Gristmill Ln and offer the unique opportunity to build your dream home or establish a commercial venture, with no zoning restrictions. Each lot provides ample space for a variety of uses, from a tranquil rural retreat to a larger-scale development. The land is ideal for those seeking a peaceful, open landscape setting outside of city limits. While 8-acre plots have already sold, several 5 and 6-acre parcels remain. Essential utilities such as well and septic are required for development. The asking price for each plot is $39,999. This represents an exceptional value for unrestricted land in this desirable location. Don't miss this chance to own a piece of West Texas. Contact us today to learn more about available plots and begin planning your future in this picturesque setting. The latitude and longitude coordinates are 35.25319713290372, -101.63595068076998 respectively.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Amarillo TX Gristmill Ln Amarillo, TX 79121
Amarillo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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