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    Property profile & analytics
    OFF-MARKET
    Land

    200 Grace Ln Amarillo, TX 79124

    7.39 ac lot
    Property ID
    US82-5195829
    Google Maps
    Property summary
    AI-generated overview

    This exceptional 7.39-acre commercial land parcel, located at 200-220 Grace Lane in Amarillo, Texas (79124), presents a unique investment opportunity. Situated on Amarillo Boulevard West, between Tascosa Road and Western Street, this property boasts high visibility and is surrounded by new development. The land is zoned PD (Planned Development), offering flexibility for a variety of commercial uses. The five individual lots provide distinct development options. Lots 2B and 2G are particularly attractive, featuring significant frontage on Amarillo Boulevard West: 248.9 feet and 329.51 feet respectively. Lot 2B is priced at $571,740 ($12 per square foot), while Lots 2C, 2D, and 2F are priced at $9 per square foot. Lot 2G is priced at $603,742 ($11 per square foot). The total asking price for the entire 7.39-acre property is $3,148,872. This prime location offers access to a substantial market

    Property profile
    Verified
    Property type Land
    Lot 7.39 ac (321,908 SF)
    UPID US82-5195829
    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
    Current use
    Occupant on record · Public records
    • Amarillo Speedy Commercial Plumbing Plumbing Service Building Supply
    1 occupant on record
    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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