Western & Forest Land
$1,850,000
Western & Forest, Amarillo, TX 79109
52.5 acres
Lot Area
Details:
Description:
Discover an incredible opportunity in Amarillo, TX with Western Land. This expansive property, located at Western & Forest, offers a prime location and a range of possibilities for developers and investors. With a generous lot size of 52.5 acres, this land is ideal for developing affordable or low-income housing in high demand. Take advantage of the current zoning for a mobile home park or easily rezone for single-family affordable housing or multifamily housing options. The potential for tax credits makes this an even more enticing investment opportunity. The seller is open to subdivision, offering flexibility for your vision. What sets Western Land apart is its strategic location. The surrounding area boasts a growing population, with over 116,000 residents within a 5-mile radius. The average household income is $58,999, making it an ideal market for affordable housing. Don't miss out on this exceptional opportunity. Contact Josh Langham at 806.392.9912 or jjl@llanoregroup.com to learn more about Western Land and how you can turn this blank canvas into a profitable venture.
North Amarillo on Western north of Amarillo Blvd. Land is within Amarillo city limits with access to utilities and is currently zoned as a mobile home park. Land is also within a Low Income Tax Credit area to aid in raising capital for development.
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