500 W Amarillo Blvd Amarillo, TX 79107
For Sale
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This exceptional 2.04-acre commercial lot at 500 W Amarillo Boulevard in Amarillo, Texas presents a rare opportunity. Located within city limits, this expansive parcel offers significant advantages for developers and investors. Its strategic position near a major highway ensures high visibility and convenient access, making it ideal for a wide range of commercial ventures. The property boasts a substantial 2,142 square feet of buildable space, providing ample room for new construction. A key benefit is the already cleared land, eliminating the need for extensive site preparation, saving both time and money. The proximity to buildings undergoing significant renovations further underscores the area's revitalization and growth potential. This presents a unique chance to capitalize on the upward trajectory of this promising Amarillo location. The property is being offered at $300,000. Serious inquiries only. Please respect the "No Trespassing" signs and do not enter the property without proper authorization.
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Amarillo Confederate Heroes Park City Park
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
Similar Nearby for Sale
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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.
