5993 Georgia St Amarillo, TX 79110
Exceptional investment opportunity awaits at two prime retail land parcels situated at the intersection of 58th and Georgia Streets in Amarillo, Texas. These fee simple lots, totaling approximately 43,560 to 44,856 square feet each, are zoned for retail use and priced competitively at $12 per square foot. The properties boast a highly desirable location within a thriving commercial area, surrounded by established businesses such as Walmart Neighborhood Market, Little Caesars, and Anytime Fitness. The strategic placement near the intersection of 58th and Georgia Streets ensures high visibility and accessibility, making it an ideal location for a variety of retail ventures. Furthermore, the proximity to major thoroughfares, including Interstate 27 and Loop 335 (within 2 miles), provides convenient access for customers and employees. The lots share a common driveway and approach, enhancing functionality and convenience. Anticipated development in the immediate vicinity, including the upcoming arrival of Chick-fil-A, Starbucks, and McDonald's, further underscores the significant growth potential of this investment. This is a rare opportunity to acquire prime retail land in a rapidly developing area of Amarillo, Texas, offering substantial returns for discerning investors. The properties are located in Randall County, Texas, with addresses at 5993 S Georgia St, Amarillo, TX 79110 and 5800 S Georgia St, Amarillo, TX 79118. The asking price for each lot is $522,750.
Cap rate
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Property description
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