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    3101 Givens Ave Amarillo, TX 79108

    For Sale
    $300,000

    Versatile Metal Building, 5 Acres, High Potential

    Property size:
    3,608 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 3,608 square foot commercial property presents a unique investment opportunity. Situated on a fully fenced five-acre lot just outside the Amarillo city limits in Northwest Amarillo, this property offers unparalleled flexibility and reduced restrictions. The main structure is a versatile metal building featuring three offices, perfect for administrative or management functions. A three-quarter bathroom is conveniently located within the main building. A substantial shop area is a key feature, boasting two attached overhead doors, ideal for easy access for equipment and vehicles, or ample storage. An additional bathroom is included within the shop area for added convenience. The expansive five-acre lot provides ample space for expansion, outdoor storage, or additional structures, subject to applicable county regulations. The property's location offers a balance of rural tranquility and convenient access to major roadways in the Amarillo area, making it suitable for a wide range of commercial uses. The asking price is $300,000. This property is ready for your vision and offers significant potential for growth and return on investment. Serious inquiries only.

    Property Features for 3101 Givens Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,608 SF
    Lot Size
    217,800 SF

    Building Details

    Year Built
    2013
    Insight Report Location Intelligence

    Current Use by Public Records

    Red J Services Oil & Natural Gas Company

    Suggested Use

    Electrical Service Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.8733
    Latitude
    35.32303

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Metal Building, 5 Acres, High Potential
    Where is this commercial real estate located?
    The property is located at 3101 Givens Ave Amarillo, TX.
    What is the asking price?
    The asking price for this property is $300,000.
    (806) 359-4000
    Request Owner's contact information
    3101 Givens Ave Amarillo, TX 79108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3101 Givens Ave Amarillo, TX 79108
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