58th and Georgia

58th and Georgia Amarillo, TX 79118

58th and Georgia, Amarillo, TX, 79118
Arial Map
58th and Georgia, Amarillo, TX, 79118
FOR SALE
Property Type:
Padsites
Amount:
$1,100,000
Last Verified:
Nov 22, 2020


Description

3.15 acres of development area which owner will sell as a whole or separate tracts labeled. These tracts are the best price per square foot around this intersection. Within 2 miles of I-27 and Loop 335

Prime Retail location on Georgia. 25,000 daily car count on 58th with Wal-mart and McDonalds on corners of the intersection. Development opportunity is within a mile of recent multifamily construction of 1,000 units to service the growth on this side of Amarillo.

Lot Size: 3.15 acres

Map of 58th and Georgia, Amarillo, TX, 79118

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.