For Sale $650,000
Property Type Other
Units 0
Lot Size 74,923 SF
Date Updated Apr 24, 2024

Prime development opportunity in downtown Amarillo. There are numerous incentives, tax credits and grants available to supplement the costs of development. These include Federal and State Historic Tax Credits, Center City Facade Grants and TIRZ property tax abatement. This property is located in an Opportunity Zone, Neighborhood Empowerment Zone, Food Desert and a Low Income Housing Census Tract. It would also qualify for Texas PACE financing. There is an 8,900 square foot, two story building located on the property that could be redeveloped or torn down. The owner is currently working with the City of Amarillo to have the alley abated which will add flexibility to the development opportunities. This would be a great location for a mixed use development, multi-family project or retail business. Downtown Amarillo is a vibrant and growing area. West Texas A & M University, Sharpened Iron Studios, Amarillo Sod Poodles baseball stadium, Amarillo Globe News Center and the Amarillo Civic Center all bring people to downtown Amarillo.

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Contacts

Holly Coats

Keller Williams Realty Amarillo

(806) 457-2222

Location

Getting Around

Walk Score ®
59/100 Somewhat Walkable
Transit Score ®
38/100 Some Transit
Bike Score ®
47/100 Somewhat Bikeable

Map
Street

City Amarillo, TX
Neighborhood Old San Jacinto
Zip Code 79101
Market Amarillo

Points of Interest

Valero

0.50 miles
Toot'n Totum

0.90 miles
Valero

1.11 miles
Valero

1.16 miles
Toot'n Totum

1.51 miles
Chevron

1.60 miles
Toot'n Totum

1.85 miles
Sam's Club

1.85 miles
Phillips 66

1.89 miles
Valero

2.02 miles

City of Amarillo Parking Garage

0.54 miles
Employee Parking Lower Level D&E

4.34 miles
Patient & Visitor Parking C

4.37 miles
Employee Parking Lower Level B

4.39 miles
Patient & Visitor Parking A

4.41 miles
Employee Parking

4.47 miles
Harrington Employee Parking

4.51 miles
Employee Parking

7.69 miles
Outdoor Parking

7.79 miles
Rick Husband Parking Garage

7.80 miles

Courtyard Amarillo Downtown

0.26 miles
The Barfield, Autograph Collection

0.34 miles
Embassy Suites

0.58 miles
Deluxe Inn

1.25 miles
Star Lodge

1.25 miles
Town House Motel

1.31 miles
Quality Inn East

1.40 miles
Days Inn by Wyndham Amarillo East

1.49 miles
Red Roof Inn Amarillo Airport/Downtown

1.52 miles
Microtel Inn & Suites by Wyndham Amarillo

1.56 miles

Downtown Deli

0.15 miles
TRINITY'S

0.16 miles
Furrbie's

0.31 miles
Sunday's Kitchen

0.34 miles
Youngblood's Cafe

0.45 miles
Shi Lee's Barbecue and Soul Food Cafe

0.74 miles
Dairy Queen

0.83 miles
La Campana

1.15 miles
Church's Chicken

1.31 miles
Whataburger

1.32 miles

Nixson Junior High School

0.36 miles
McKinley School

0.41 miles
Saint Marys Academy

0.44 miles
Wolflin Elementary School

0.95 miles
Amarillo College

1.07 miles
Bivins Elementary School

1.12 miles
Region 16 Education Service Center Head Start Cleveland Street Center

1.16 miles
Sanborn Elementary School

1.19 miles
Mann Middle School

1.22 miles
North Heights Alternative School

1.24 miles

Children's Circle of Friends

2.21 miles
Imagination Station

6.37 miles
Unique Individuals

6.77 miles

Frequently Asked Questions

What is the lease rate for Downtown Amarillo Development Land?

Rental asking rate at Downtown Amarillo Development Land is $325,000.00/YR.

What is the total square footage of Downtown Amarillo Development Land?

Downtown Amarillo Development Land totals 8,900 square feet.

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