Property profile

1900-1908 12Th Ave Amarillo, TX 79107

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

1900-1908 12Th Ave Amarillo, TX 79107
Amarillo metro
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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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