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5505 Gem Lake Rd
Amarillo, TX 79106
5505 Gem Lake Road · Land For Sale · 3.08 AC

Investment Highlights

  • Flat, fully developable tract with functional rectangular configuration
  • 2 Electrical panels in place.
  • Ideal for multifamily, office, restaurant, or retail development
  • Phase 1 and survey available.
  • Signage available on Gem Lake
  • Surrounded by national and regional retailers including Walmart, Lowe's, United Supermarkets, Chick-fil-A, Walgreens, Advance Auto Parts, & Starbucks

Executive Summary

Land for sale located at the near Gem Lake and Amarillo Blvd

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 3.08 AC
Zoning GR - Ground Retail

1 Lot Available

Lot

Price $1,056,360 CAD
Price Per AC $342,974.04 CAD
Lot Size 3.08 AC

Located near Gem Lake and Amarillo Blvd, behind the Walgreens.

Description

Land for sale located at the near Gem Lake and Amarillo Blvd.

Property Taxes

Property Taxes

Parcel Number
R-370-0100-0010-0
Land Assessment
$661,390 CAD
Improvements Assessment
$0 CAD
Total Assessment
$661,390 CAD
  • Listing ID: 39572304

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 5505 Gem Lake Rd, Amarillo, TX 79106

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