5505 Gem Lake Road

Amarillo, TX 79106

$804,989
Price
134,165 / 3.08
Lot Size / Acres

Description

This 422 ft frontage lot offers prime visibility on Gem Lake Rd, just off of Bell St in a bustling commercial area. Surrounded by major businesses like United Supermarkets, Walgreens, Pizza Hut, and First Bank Southwest, this location is ideal for retail or service development. The property also includes a dedicated sign lot for additional exposure. With high traffic and strong business synergy, this lot presents a valuable opportunity for growth in Amarillo.This 422 ft frontage lot offers prime visibility on Gem Lake Rd, just off of Bell St in a bustling commercial area. Surrounded by major businesses like United Supermarkets, Walgreens, Pizza Hut, and First Bank Southwest, this location is ideal for retail or service development. The property also includes a dedicated sign lot for additional exposure. With high traffic and strong business synergy, this lot presents a valuable opportunity for growth in Amarillo.
  1. Listed by Cortney Howell • TREC #815414 • Cooper Land LLC

Property Details for 5505 Gem Lake Road

Zoning Description
0100 - NW Amarillo in City Limits
LISTING UPDATED: 10/04/2024 11:40 AM

Property Details for 5505 Gem Lake Road

StatusActive
MLS #24-8385
Days on Market97
Taxes$9,763 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size3.08 AC
CountyPotter County

Building Information for 5505 Gem Lake Road

Lot Size3.08 AC

Property Information for 5505 Gem Lake Road

Summary
Location and General Information
  • City: Amarillo
  • County Or Parish: Potter
  • Directions: Located off the loop in Northwest Amarillo, take Loop 335 to Tascosa Rd exit, head west on Gem Lake Rd, and the lot is just past N Bell St on the south side of the road at 5505 Gem Lake Rd
  • Postal Code: 79114
  • State Or Province: TX
  • Topography: Level
  • Paved Road: Yes
Taxes and HOA
  • Tax Legal Description: SECT 10 B S & F BLK 0009, IRREG TR IN SW 1/4 OF SEC BEG AT SW COR OF LOS ALTOS NO 7, 3.0800 ACRES
  • Parcel Number: 219729
  • Association Fee: $0
  • Tax Amount: $9,763.00
  • Taxes and Legal Information : City: Amarillo
  • Taxes and Legal Information : Taxes2: 9763.0
  • Taxes and Legal Information : Legal2: SECT 10 B S & F BLK 0009, IRREG TR IN SW 1/4 OF SEC BEG AT SW COR OF LOS ALTOS NO 7, 3.0800 ACRES
Property
Lot Information
  • Lot Size Dimensions: 302 ft x 422 ft
  • Lot Size Area: 3.08
  • Lot Size Acres: 3.08
  • Lot Size Square Feet: 134165.0
  • Building Area Total: 134165.0
  • Lot Size Units: Acres
  • Lot Improvement : CurbsGutters: True
  • Lot Improvement : Pavement: True
Property and Assessments
  • Property Type Label: Land -40
  • Floor Plans Count: 0
  • Road Frontage Type: Paved Road
  • Property Information : To Be Auctioned: No
  • Property Information : Zone: 0100 - NW Amarillo in City Limits
  • Property Information : Lot Size Dimensions: 302 ft x 422 ft
  • Property Information : List PriceAcre: 261360.06
  • Property Information : Lot Size Square Feet: 134165.0
  • Property Information : Common Name: 5505 Gem Lake Rd
Room Information
Room Information
  • Total Bathrooms Source: MLS

Property History for 5505 Gem Lake Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5505 Gem Lake Road

This home is within Amarillo Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - PK to 5
Public - 2 to 5
Public - 6 to 8
Rating
School
Distance
Carver Early Childhood Academy
PublicPK to 1

Avondale Elementary School
PublicPK to 5

Carver El Academy
Public2 to 5

Houston Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5505 Gem Lake Road is a 3.08 ac of land for sale in Amarillo, TX 79106. This property was listed for sale on October 3, 2024 by Cooper Land LLC, it's currently listed at $804,989. This listing's school district is Amarillo Independent School District. Nearby schools include Carver Early Childhood Academy, Avondale Elementary School and Carver El Academy. 5505 Gem Lake Road is a 0-bed, 0-bath, 134,165 sqft 3.08 ac of land on a 134,165 sq. ft. / 3.08 acres lot.

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Listing Courtesy of Cooper Land LLC

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.