0 Research And Fleming Amarillo, TX 79124
This exceptional 1.45-acre commercial land parcel presents a prime investment opportunity in Amarillo, Texas. Located in the vibrant Medical District at the intersection of Research Street and Fleming Avenue, this property is zoned O-1, offering significant development potential. The land's strategic location provides easy access to major thoroughfares and a high concentration of medical facilities, making it ideal for a variety of commercial uses. With a land value of $12 per square foot, this represents a compelling price point for investors seeking a foothold in a rapidly growing area. The property's 1.45-acre size allows for substantial development flexibility, catering to projects ranging from medical offices and clinics to related support businesses. Potter County's robust economy and the continued expansion of the Amarillo medical sector further enhance the long-term value proposition of this exceptional land offering. The property's address is Research and Fleming, Amarillo, TX 79124. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand location. Don't miss out on this chance to capitalize on the growth potential of Amarillo's thriving Medical District.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.