1928 12Th Ave Amarillo, TX 79107
This exceptional 7,000 square foot vacant lot presents a remarkable opportunity for multi-family development in Amarillo, Texas. Located at 1928 NW 12th Ave, in Potter County, zip code 79107, this property boasts a highly desirable multi-family zoning designation, allowing for the construction of residential buildings. Its strategic location directly across the street from Carver Elementary School offers significant appeal to families seeking convenient access to quality education. The lot's size provides ample space for a substantial development project. Detailed bid packages are available upon request. This property is situated at 35.2264084 latitude and -101.856784 longitude. The asking price for this prime development land is $7,000. Don't miss this chance to acquire a valuable asset in a growing Amarillo neighborhood. Serious inquiries only.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.