Technical
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Property profile

0 58Th Ave Amarillo, TX 79110

OFF-MARKET
Land
1.58 ac lot
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Property summary

AI-generated overview

This exceptional 1.58-acre commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Located at the corner of SW 58th Avenue and S Travis Street, this flat, readily developable lot boasts convenient access to city water and sewer services. The property is zoned AG, offering flexibility for a variety of commercial ventures. Its prime location within a rapidly growing neighborhood, surrounded by established businesses such as McDonald's, Chick-fil-A, Starbucks, Joe Taco's, and Ovr-eze, ensures high visibility and strong potential for return. The expansive, undeveloped space is perfect for office, retail, or mixed-use development, catering to the increasing demand in the area. The asking price is $345,000, representing a fee simple ownership with APN 219326. This is a rare chance to acquire a significant piece of land in a thriving Amarillo location, poised for immediate development and substantial future growth. Don't miss this opportunity to capitalize on the burgeoning commercial sector in this dynamic area of Amarillo.

Property profile

Verified
Property type Land
Lot 1.58 ac (68,825 SF)

Cap rate & NOI

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

Location

58Th Ave Amarillo, TX 79110
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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