1275 Western St Amarillo, TX 79124
This exceptional commercial land opportunity in Amarillo, Texas, presents a unique investment prospect. Located at 1275 N Western St, Amarillo, TX 79124, this property boasts a lot size ranging from 17,000 to 40,000 square feet and is zoned for commercial use. Situated within Potter County, the land is ideally positioned amongst medium-to-high-income neighborhoods, including the Trails of Tascosa and established communities like Tascosa Golf Club, La Paloma, and Westcliff. The site benefits from its proximity to a newly constructed fitness center, serving as an anchor tenant for this premier retail center. Projected growth in the area's medium income is substantial, with expectations of a 40% increase in the coming years. Development is simplified with the inclusion of all necessary infrastructure: parking lots, landscaping, lighting, curbs, sidewalks, and utilities are all provided by the developer, making the pad sites construction-ready. Additional features include green spaces accessible to some pad sites, golf cart accessibility from the neighborhood, and architectural deed restrictions ensuring aesthetic uniformity. The location enjoys high visibility, with 17,000 daily vehicles passing on Amarillo Boulevard just 0.4 miles away. Furthermore, the property's proximity to downtown Amarillo (4 miles) and the hospital district (4 miles) enhances its appeal. Finally, the property's maintenance is handled by the groundskeeping staff of the adjacent Tascosa Golf Club.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.