5551 Amarillo Blvd Amarillo, TX 79106
- Commercial real estate
- 7.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5551 Amarillo Blvd
- Lot size
- 7.60 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.6-acre commercial land parcel presents a remarkable investment opportunity in Amarillo, Texas. Strategically located at the intersection of West Amarillo Boulevard and Gem Lake Road, this property boasts unparalleled visibility and accessibility, with a daily traffic count of 31,233 vehicles. Its prime location is adjacent to a United Supermarkets and surrounded by a cluster of national retailers, including Wingstop, T-Mobile, Pizza Hut, Chick-fil-A, McDonald's, Starbucks, O'Reilly Auto Parts, and Walgreens, ensuring high foot traffic and strong consumer presence. The property is zoned GR and offers convenient access via a reciprocal easement and common area drive from Gem Lake Road. While a small portion falls within a flood zone, this area serves as natural drainage for the land. The seller is willing to subdivide the property to accommodate various development needs. All utilities are readily available on-site. This location benefits from a growing residential area, making it ideal for a variety of commercial ventures. The asking price is $899,000. This is a rare opportunity to acquire a highly visible and well-situated commercial land parcel in a thriving Amarillo neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.899219
- Latitude
- 35.2150419
