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Investment Highlights

  • One Mile from Loop 335
  • Quick Commute to Tyson, Pantex, and the Amazon Distribution Center

Executive Summary

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.

Property Facts

Price $1,850,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Manufactured Homes or Mobile Home Park
Total Lot Size 52.50 AC
Zoning Mobile Home Park - Currently zoned within the new city ordinance as a Mobile Home Park

1 Lot Available

Lot One

Price $1,850,000
Price Per AC $35,238.10
Lot Size 52.50 AC

Conveniently located within a few miles to access Loop 335 in close proximity to major employers such as Tyson, Pantex, Clements Unit, and Amarillo's Hospital system.

Description

Within the city limits and all utilities are too the site. Close proximity to industrial area.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
  • Listing ID: 30901129

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 1806 Forest Street, Amarillo, TX 79106

Contact the Sale Advisor

1806 Forest Street - Western Mobile Home Park Land

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