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5521 Gem Lake Rd
Amarillo, TX 79106
Land For Sale
·
13.23 AC
INVESTMENT HIGHLIGHTS
- City utilities on site Ready for development opportunity, including residential, assisted living, retail/office (per city approval), etc.
EXECUTIVE SUMMARY
Ready for development opportunity, including residential, assisted living, retail/office (per city approval), etc.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 13.23 AC |
| Property Type | Land | ||
| Zoning | R-1 - Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 13.23 AC |
| Zoning | R-1 - Residential |
1 LOT AVAILABLE
Lot
| Price | $5,560,309 CAD | Lot Size | 13.23 AC |
| Price Per AC | $420,280.32 CAD |
| Price | $5,560,309 CAD |
| Price Per AC | $420,280.32 CAD |
| Lot Size | 13.23 AC |
City utilities on site Ready for development opportunity, including residential, assisted living, retail/office (per city approval), etc.
DESCRIPTION
Acreage: 13.23 acres conveniently located just east of Amarillo Blvd. on Gem Lake Rd. Utilities: City utilities are on site, expediting any development plans. Development Opportunities: The land is ready for development and offers flexibility for various uses including residential, assisted living, or retail/office spaces, subject to city approval. High-Traffic Area: Situated in a bustling retail hub near major retailers and an adjacent residential area, maximizing visibility and accessibility. This property presents a prime development opportunity with flexible zoning possibilities, utility readiness, and a strategic location in a high-traffic retail area. Ideal for developers seeking a well-placed and versatile land parcel.
PROPERTY TAXES
| Parcel Number | R-370-0100-0050-0 | Improvements Assessment | $0 CAD |
| Land Assessment | $481,134 CAD | Total Assessment | $481,134 CAD |
PROPERTY TAXES
