0 09 & Coulter - Cor Amarillo, TX 79106
This exceptional 49.7-acre commercial land parcel presents a unique investment opportunity in Amarillo, Texas. Located at the northeast corner of 9th and Coulter Streets in Potter County, zip code 79106, this property is zoned for multi-family, retirement/assisted living, medical, or office development. The asking price is $8,334,988.20, translating to a land value of $4.85 per square foot. The expansive lot offers significant potential for large-scale development, catering to a variety of uses. Its strategic location boasts excellent visibility and accessibility, situated less than half a mile from the Texas Tech Health Science Center & Vet School and less than three-quarters of a mile from BSA and NW Texas Hospitals. The area demonstrates strong demographics with a healthy mix of residential, medical, and retail establishments. Coulter Street runs along the entire western boundary of the property, providing convenient access and frontage. This property is ideally suited for developers seeking a substantial land holding in a thriving Amarillo location. The seller may also offer an adjacent 4.98-acre parcel for sale separately.
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.