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Investment Highlights

  • 1.97-acre commercial lot with C-2 zoning.
  • Cross-access from NE 24th Avenue and public alley for convenient ingress and egress.
  • Located near the intersection of NE 24th Avenue and N Grand Street.
  • Restrictive covenants in place to maintain property standards.

Executive Summary

This 1.97-acre commercial land parcel offers a prime location just north of the northeast corner of NE 24th Avenue and N Grand Street in Amarillo. The property provides cross-access from NE 24th Avenue and a public alley, enhancing accessibility for future development. Zoned C-2 (Commercial), the site is suitable for a variety of commercial uses, making it an excellent opportunity for investors or owner-users seeking a strategic location in a growing market.
Restrictive covenants apply, prohibiting certain uses such as car wash services, oil change services, check cashing, grocery sales, alcohol for off-premises consumption, tobacco products, lottery tickets, motor fuel, and fountain drinks. These restrictions ensure a consistent commercial environment for future development.
With a competitive price point and strong visibility, this property is well-positioned for retail, service, or other commercial applications.

Property Facts

Price $298,810 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 3.86 AC
Zoning C-2 - Commercial

1 Lot Available

Lot

Price $298,810 CAD
Price Per AC $151,680.28 CAD
Lot Size 1.97 AC

Description

• Just north of the northeast corner of NE 24th Ave & N Grand St • Cross-access from NE 24th Ave and public alley Restrictive Covenants: No part of the Property may be used for the sale of car wash services, oil change services, motor vehicle lubrication services, check cashing services, grocery items, beer or wine for off-premises consumption, tobacco products, lottery tickets, motor fuel, fountain drinks, or teas. The Restrictive Covenant runs with the Property, is binding on Buyer and Buyer's successors and assigns forever, and insures to the benefit of the Seller and Seller's successors and assigns forever.

Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
000000300280
Land Assessment
$158,342 CAD
Improvements Assessment
$1,183,471 CAD
Total Assessment
$1,341,813 CAD
  • Listing ID: 28389434

  • Date on Market: 2023-05-03

  • Last Updated:

  • Address: 3601 24th - B ave, Amarillo, TX 79107

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