Taxes
- Assessed Value: $4,455,465
- Assessed Year: 2025
- Assessed County: Potter
- APN: 213713
- Assessed Land Value: 1224907
- Market Land Value: 1224907
- Tax Amount: 89393.26
- Tax Year: 2024
- Market Value: 4455465
- Market Year: 2025
5700 Gem Lake Rd; Amarillo, TX Property Details
Off market
5700 Gem Lake Rd Amarillo, TX 79106
$4,455,465 Estimated Value
51,545 SqFt
Property Type
Grocery, SupermarketProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2002
- APN: 213713
- Situs County: Potter
- Length Of Ownership: 21 years, 8 months
Structure
- Stories: 1
- Building Condition: Good
- Building Quality: D
- Water Source: Well
Measurements
- Total: 51,545/SqFt
- Lot: 306,227/SqFt
- Gross: 51,545/SqFt
- Living: 51,545/SqFt
- Building: 51,545/SqFt
- Ground: 51,545/SqFt
Legal Description
- Description: WEST ACRES SUB # 8, LOT 39A, BLK 0002, 7.0300 ACRES
Building Insights
Land Information
- Property Type: Grocery, Supermarket
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Amarillo Independent School District
- Lat / Lon: 35.2147 / -101.90029
- Subdivision: West Acres Sub # 8
- Property Class: Commercial
- Zoning: GR
- County Use Code: 9050
Amenities
- Cooling: None
- Heating: None
Ownership Info
5700 Gem Lake Rd has no associated ownership info
5700 Gem Lake Rd has no associated ownership info.
Taxes
5700 Gem Lake Rd has 10 associated Taxes items
5700 Gem Lake Rd, Amarillo, TX pays taxes in Potter County, TX. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $4,455,465. The APN we've located for 5700 Gem Lake Rd is 213713.
Unlock the full reportTax History
5700 Gem Lake Rd has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $4,455,465 | Land Value $1,224,907 | Improvement Value $3,230,558 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $4,300,000 | Land Value $1,224,907 | Improvement Value $3,075,093 | Tax Amount $89,393.26 | Change Rate -0.039152% | Assessed CR | Tax Rate +0.020789% |
| Year 2023 | Assessed Value $4,300,000 | Land Value $1,224,907 | Improvement Value $3,075,093 | Tax Amount $93,035.79 | Change Rate +0.017243% | Assessed CR | Tax Rate +0.021636% |
| Year 2022 | Assessed Value $3,857,683 | Land Value $1,224,908 | Improvement Value $2,632,775 | Tax Amount $91,458.76 | Change Rate -0.05934% | Assessed CR | Tax Rate +0.023708% |
| Year 2021 | Assessed Value $3,857,683 | Land Value $1,224,908 | Improvement Value $2,632,775 | Tax Amount $97,228.26 | Change Rate +0.008501% | Assessed CR | Tax Rate +0.025204% |
| Year 2020 | Assessed Value $3,886,728 | Land Value $1,224,908 | Improvement Value $2,661,820 | Tax Amount $96,408.73 | Change Rate +0.017587% | Assessed CR | Tax Rate +0.024805% |
| Year 2019 | Assessed Value $3,795,760 | Land Value $918,681 | Improvement Value $2,877,079 | Tax Amount $94,742.54 | Change Rate -0.005152% | Assessed CR | Tax Rate +0.02496% |
| Year 2018 | Assessed Value $3,795,760 | Land Value $918,681 | Improvement Value $2,877,079 | Tax Amount $95,233.16 | Change Rate +0.136905% | Assessed CR | Tax Rate +0.025089% |
| Year 2017 | Assessed Value $3,795,760 | Land Value $918,681 | Improvement Value $2,877,079 | Tax Amount $83,765.24 | Change Rate -0.99% | Assessed CR | Tax Rate +0.022068% |
| Year 2016 | Assessed Value $3,780,446 | Land Value $918,681 | Improvement Value $2,861,765 | Tax Amount $8,376,524 | Change Rate | Assessed CR | Tax Rate +2.21575% |
| Year 2015 | Assessed Value $3,780,446 | Land Value $918,681 | Improvement Value $2,861,765 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $3,623,049 | Land Value $765,568 | Improvement Value $2,857,481 | Tax Amount $86,360.09 | Change Rate | Assessed CR | Tax Rate +0.023836% |