3000 S Georgia St Amarillo, TX 79109
For Sale
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This exceptional 10,800 square foot commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Situated at the southwest corner of South Georgia Street and Mockingbird Lane, this property boasts a highly desirable location within a thriving retail corridor. The lot is zoned for commercial use, providing flexibility for a variety of development projects. Its prime location between Interstate 40 and Southwest 34th Avenue ensures excellent visibility and accessibility, with high traffic counts contributing to significant potential for business success. The South Georgia Street retail corridor itself is home to over 150 businesses within a 1.5-mile stretch, indicating a robust and established commercial environment. This property's strategic placement and substantial size make it an ideal site for new commercial construction or redevelopment, offering significant return on investment potential. The address is 3000 S Georgia St, Amarillo, TX 79109, in Randall County. The asking price for this exceptional commercial land is $650,000.
remelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-10-82 in a GR General Retail District. Where either this designation of an open storage activity or another designation might apply, the more…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
LC · Amarillo, TXremelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-10-82 in a GR General Retail District. Where either this designation of an open storage activity or another designation might apply, the more restrictive shall govern. (89) Secondhand Merchandise Dealers or Storage: The keeping, handling, storage or use of furniture, appliances and/or other merchandise or goods for sale or display. "Secondhand merchandise" is defined as an item which has previously been sold at the wholesale or retail level or previously used by an individual or business. Except in an I-2 Zoning District, any outdoor storage or display of such merchandise shall require visual screening to the standards set out in
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
