9 9Th Ave Amarillo, TX 79106
This exceptional 4.98-acre commercial land parcel in Amarillo, Texas, presents a compelling investment opportunity. Located at the intersection of 9th and Coulter Streets in Potter County, zip code 79106, this property is zoned for multi-family, retirement/assisted living, or office development. The asking price is $1,193,108, translating to $5.50 per square foot. Its strategic location offers excellent visibility and accessibility, situated just north of the SW 9th Ave. and Coulter intersection, on the east side of Coulter Street. The property benefits from its proximity to major healthcare facilities, including the Texas Tech Health Science Center & Vet School (less than half a mile) and BSA and NW Texas Hospitals (less than three-quarters of a mile). This prime location boasts strong demographics with a diverse mix of residential, multi-family, medical, and retail establishments. Coulter Street runs along the entire west boundary of the property, providing convenient access and high visibility. The property's size and zoning make it suitable for a variety of development projects, catering to the growing needs of the Amarillo community. This is a rare opportunity to acquire a significant commercial land parcel in a thriving area with excellent potential for future growth and return on investment.
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.