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Property profile & analytics
FOR LEASE
Commercial real estate

6560 Georgia St South Amarillo, TX 79118

10 ac lot
Property ID
US82-3417159
Property summary
AI-generated overview

This exceptional 10-acre commercial land parcel in Amarillo, Texas, presents a remarkable development opportunity. Located at 6560 S Georgia St, between 58th and Farmers, this property boasts convenient access and high traffic counts. The land has already undergone significant preparation, with the dirt filled and bladed to meet flood zone requirements. All essential utilities—power, water, and sewer—are readily available, simplifying the development process. This versatile property is ideally suited for residential, commercial, or mixed-use development projects. The seller prefers to sell the entire 10 acres as a single unit, offering a cohesive and substantial landholding. The area surrounding the property is experiencing rapid growth, with a significant increase in both residential and commercial construction. Furthermore, there are plans for the city to widen S Georgia St from two lanes to four, including a turning lane, further enhancing the property's accessibility and desirability. Priced at $7 per square foot, this represents a compelling investment for developers seeking a prime location in a thriving market. The asking price for this exceptional property is $2,999,999.99. Don't miss this chance to acquire a substantial tract of land in a rapidly expanding area of Amarillo, Randall County, Texas, zip code 79118.

Property profile
Verified
Property type Commercial real estate
Lot 10 ac (435,600 SF)
UPID US82-3417159
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
  • Fabwright Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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