I-40 E and Whitaker, Amarillo, TX, 79118

I-40 E and Whitaker Amarillo, TX 79118

I-40 E and Whitaker, Amarillo, TX, 79118
I-40 E and Whitaker, Amarillo, TX, 79118
FOR SALE
Property Type:
Other Land
Amount:
$1,742,400
Last Verified:
Oct 10, 2023


Description

Exceptional investment opportunity with this prime land located on I-40 East. With approximately 430 feet of frontage and a generous depth of approximately 1,013 feet, this property offers a wide range of possibilities.

Key Features:

Strategic Location: Enjoy easy access to I-40, ensuring seamless connectivity and excellent visibility. This property is strategically positioned to attract attention from both travelers and businesses.

East Gateway TIRZ: Situated in the East Gateway Tax Increment Reinvestment Zone (TIRZ), this property benefits from potential incentives and development opportunities, making it an even more attractive prospect.

Adjacent to FedEx Facility: The property shares proximity with a FedEx ground transportation facility, enhancing its appeal for logistics, distribution, or complementary businesses looking for synergy.

Utilities On-Site: Infrastructure is in place, with utilities readily available, streamlining the development process and reducing associated costs.

Versatile Usage: With its size, location, and easy access, this property presents an ideal canvas for various ventures. Consider it for a hotel, industrial site, or any business seeking a strategic and high-traffic location.

Impressive Traffic Count: Benefit from the exposure of approximately 93,900 cars passing on I-40 daily, providing unmatched visibility for your business or development project.

This property is a golden opportunity for investors and businesses looking to capitalize on a high-traffic location with excellent infrastructure support. With its prime frontage, accessibility, and adjacency to key facilities, it has the potential to become a thriving hub for various industries and ventures.

Located in East Amarillo, this property enjoys a strategic position on the westbound I-40 Frontage Road, offering convenient proximity to FedEx and easy access to I-40, making it a prime location for businesses seeking efficient transportation links.

Lot Size: 10.0 acres


Documents

Sale Brochure

Map of I-40 E and Whitaker, 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.