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Property profile

2917 Osage St Amarillo, TX 79103

OFF-MARKET
Land
Property ID
US82-3592843
62291 ac lot
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Property summary

AI-generated overview

This exceptional 1.43-acre commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Located at the northeast corner of Osage and Longhorn Streets, this property boasts a highly desirable location with exceptional visibility and accessibility. Zoned for general retail use, this vacant land is ideal for a variety of commercial developments. The lot size is approximately 62,291 square feet, offering ample space for construction. The property benefits from its strategic position near Interstate 40, ensuring high traffic volume and convenient access for customers. The surrounding area is experiencing significant growth, with new retail and residential developments underway, creating a strong demand for commercial space. The location is also served by well-established residential subdivisions, providing a substantial customer base. Furthermore, its proximity to Amarillo College (one mile east) and Caprock High School (half a mile east) adds to its appeal. The land is priced at $10-$13 per square foot. The seller is willing to subdivide the property to accommodate specific development needs. This prime location, coupled with the ongoing growth in the area, makes this an exceptional opportunity for investors seeking high-return potential in a thriving retail market. The property is situated in Randall County, Texas, with a 79103 zip code.

Property profile

Verified
Property type Land
Lot 62291 ac (2,713,395,960 SF)
UPID US82-3592843

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2917 Osage St Amarillo, TX 79103
Amarillo metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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