Eastport Business Park

Eastport Business Park Amarillo, TX 79111

Eastport Business Park, Amarillo, TX, 79111
Main - Development Land
Eastport Business Park, Amarillo, TX, 79111 Eastport Business Park, Amarillo, TX, 79111
FOR SALE
Property Type:
Residential Land Development
Amount:
Please Call Broker for Price

Last Verified:
Oct 10, 2023


Description

Expansive tract of land, offering versatile options for development and investment. Key features include:

Flexible Division: This property offers the flexibility to be subdivided into parcels ranging from 1 to 50 acres, allowing you to tailor your investment to your specific needs and goals. With the option to purchase up to 300 acres, the possibilities are vast.

Proximity to Amarillo College East Campus: Nestled in close proximity to the Amarillo College East Campus, this property is perfectly poised for a range of opportunities, including residential development, educational ventures, or complementary amenities.

Infrastructure and Accessibility: The presence of paved roads on the property ensures ease of access and transportation throughout. Additionally, city water and sewer services are readily available, streamlining the development process and enhancing the property's value.

Pricing Tiers:

1-2 acres: $4.00 per square foot
3-5 acres: $3.00 per square foot
5.1 acres and beyond: $2.00 per square foot

Easily accessible from I-40 via Jackrabbit Road or from Hwy 60 just east of Amarillo International Airport and Amarillo's Centerport Industrial Complex. Notably, a massive 1,000,000 sf Amazon Distribution Center is to the west of this site, highlighting its strategic importance and accessibility from both US Highway 60 and I-40.

Building Size: 54842sq ft
Lot Size: 300.0 acres


Documents

Sale Brochure - Development Land

Map of Eastport Business Park, Amarillo, TX, 79111

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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.