Listed by Gaut Whittenburg Emerson CRE
$4,000,000
5521 Gem Lake Rd
Details
Property Type Land
Sub Type Commercial, Retail
Acreage 13.230
Zoning R1 - Residential
Land | 13.23 acres
Marketing 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.
Located in a bustling NW Amarillo retail area, this property is surrounded by major retailers such as Walmart, Lowes, and United Grocery. It's situated near the high-traffic intersection of Amarillo Blvd and Gem Lake Road. Additionally, its proximity to an adjacent residential areas amplifies its appeal,
Investment highlights
- Sale Price: $7.00 / SF
- Lot Size: 13.23 Acres Dimensions on attached survey
- Zoning: R1 - Residential
Listing Contacts
Listed by Gaut Whittenburg Emerson CRE
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