5700 Gem LkAmarillo, TX 79106

Property Details for 5700 Gem Lk

Year built

2002

Lot size

7.03 AC

Property size (Sq ft)

50,563 SF

Zone code

GR

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

R-086-1450-3742

APU

R08614503742

• CAP approach

  CAP return

  Valuation

  6%

  $10,546,795

  6.5%

  $9,735,503

  7%

  $9,040,110

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,719,841

  Geo Method

  $15,331,025

• Alternative Use

  Use

  Valuation

  Residential

  $8,212,261

  Hospitality

  $7,522,387

  Educational

  $6,258,538

  Medical

  $6,473,778

  Retail

  $9,735,503

Location Insight

City

Amarillo

County

Potter

State

Texas

Latitude

35.2143

Longitude

-101.9

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $3,075,093
• Assessed land value
  $1,224,907
• Assessed value
  $4,300,000
• Tax year
  2023
• Tax bill
  $93,036

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