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Property profile & analytics
OFF-MARKET
Land

9 9Th Ave Amarillo, TX 79106

4.98 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 4.98 ac (216,929 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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