1900-1908 12Th Ave, Amarillo, TX 79107
This exceptional 21,000 square foot vacant lot presents a remarkable opportunity for multifamily development in Amarillo, Texas. Located at 1900-1908 NW 12th Ave, in Potter County, zip code 79107, this property is conveniently situated across from Carver Elementary School. The lot is zoned for multifamily use, allowing for the construction of apartments or townhouses. Utilities are readily available at the property line, simplifying the development process. The asking price for this strategically located parcel is $21,000. A detailed bid package is available upon request. This is an ideal investment for developers seeking to capitalize on the growing demand for multifamily housing in Amarillo. The property's prime location and multifamily zoning make it a highly attractive proposition. Don't miss this chance to acquire a valuable piece of land in a thriving Texas community. Act quickly, as opportunities like this are rare.
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
Similar Nearby for Sale
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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.