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Property profile & analytics
OFF-MARKET
Land

0 09 & Coulter - Cor Amarillo, TX 79106

49.7 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 49.7 ac (2,164,932 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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