Commercial Land
5521 Gem Lake Road Amarillo, TX 79106
Details & Description
Price: $4,040,190
    13.23 acres located just east of Amarillo Blvd. on Gem Lake RdHighlightsCity utilities on siteReady for development opportunity, including residential, assisted living, retail/office (per city approval), etc.    
    Listing Agents
    Bo Wulfman

    O: 806-373-3111
    bo@gwamarillo.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5521 Gem Lake Road

    Amarillo, TX 79106

    Listing ID: 228914
    5521 Gem Lake Road Amarillo, TX 79106 | for Sale | Photo 1
    Building Size: --
    Lot Size: 13.250 AC
    Land Size: 577,170 SF
    Building $/SF:
    Land $/SF: $7.00
    Price
    $4,040,190
    Description

    13.23 acres located just east of Amarillo Blvd. on Gem Lake Rd

    Highlights

    City utilities on site

    Ready for development opportunity, including residential, assisted living, retail/office (per city approval), etc.    

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Amarillo History of Commercial Land for Sale

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    Amarillo Area Market Trends

    Listing Demographics for 5521 Gem Lake Road Amarillo, TX 79106

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population6,09856,676132,352
    Population Median Age413737
    Population by Age0-9 Yrs717 (11%)8058 (14%)19447 (14%)
    10-19 Yrs608 (9%)7585 (13%)17920 (13%)
    20-29 Yrs1039 (17%)8440 (14%)19200 (14%)
    30-39 Yrs786 (12%)7947 (14%)18532 (14%)
    40-49 Yrs524 (8%)6581 (11%)14948 (11%)
    50-59 Yrs775 (12%)6231 (10%)15342 (11%)
    60-69 Yrs746 (12%)5783 (10%)13664 (10%)
    70+ Yrs903 (14%)6050 (10%)13299 (10%)
    Median HH Income$50,264$48,746$51,169
    Total Household Income< 24K688 (24%)6096 (25%)12091 (22%)
    25-49K738 (25%)6113 (25%)13910 (26%)
    50-74K501 (17%)4442 (18%)9712 (18%)
    75-99K316 (11%)2288 (9%)6030 (11%)
    100-199K466 (16%)4035 (16%)8850 (16%)
    200K+155 (5%)1000 (4%)2489 (4%)
    Highest Education LevelNo Diploma432467311055
    Diploma or GED1185948521642
    Some College1134976222691
    Assoc. Degree32931337842
    Bachelors Degree681663815129
    Higher Degree54034527410
    Total Housing Units3,22727,35259,951
    --Owner-Occupied1,45412,42230,204
    --Renter-Occupied1,41111,55222,878
    Owner-Occupied Values< 100K41634068919
    100-199K616552413203
    200-299K17720284632
    300-399K938191732
    400-499K41213553
    500K+1114311165
    Total Working Age Population5,07544,048101,943
    In Work Force3,16729,29167,777
    Not In Work Force1,90814,75734,167
    Workforce Employed3,06528,23664,867
    Workforce Unemployed969962,750
    Civlian Workforce3,16129,23267,617
    Military Workforce659159
    Total Households2,86523,97453,082
    Family Households1,52213,72032,785
    Non-Family Households1,34310,25420,297
    Married Couple1,0429,36522,910
    Other Family4804,3559,875
    Married w/Child3104,0309,557
    Single Male w/Child515681,226
    Single Female w/Child1691,8084,207

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Potter County113,546+7121,073+1122,7060122,281
    Randall County104,312+16120,725+14138,104+18163,302

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5521 Gem Lake Road in Amarillo?
    The asking price for 5521 Gem Lake Road is $4,040,190
    How much land does the Amarillo, TX property at 5521 Gem Lake Road include?
    5521 Gem Lake Road in Amarillo includes 13.250 acres of land
    What kind of Land is the propery at 5521 Gem Lake Road?
    The property at 5521 Gem Lake Road Amarillo, TX 79106 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 5521 Gem Lake Road in Amarillo?
    The population within 1 mile of 5521 Gem Lake Road Amarillo, TX 79106 is 6,098 people.
    Who do I contact for questions about 5521 Gem Lake Road?
    You should contact the listing agent, Bo Wulfman, for any details regarding this commercial listing.

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    501 Quail Creek Drive, Amarillo, TX $480,000 - 2.2
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    Closest Commercial Airports

    Airport Distance (mi)
    Rick Husband Amarillo International Airport (AMA) 11
    Lubbock Preston Smith International Airport (LBB) 107
    Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS) 211