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    4301 45Th Ave Amarillo, TX 79109

    Sponsored
    For Lease
    $18 SF/Yr

    High-traffic retail center; ample parking.

    Lot size:
    26,274 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Trails at 45th, a Randall County strip center, offers 26,274 square feet of retail space. This multi-tenant property sits on a 1.88-acre lot and boasts a high-traffic location with ample parking. Currently, there are three suites, with 8,700 square feet of vacant space available. The minimum divisible space is 2,962 square feet, and the maximum contiguous space available is 3,248 square feet. The property enjoys a prime location, experiencing approximately 37,420 cars per day at the nearby intersection of 45th and Western, according to a provided traffic count. Existing tenants include Family Dollar and Buddy's Home Furnishings, providing strong anchors for the center. The property owner is willing to subdivide the vacant space to accommodate various tenant needs and is offering a tenant improvement allowance. This presents a unique opportunity for businesses seeking high visibility and accessibility in a thriving retail environment. The property's size and location make it ideal for a variety of retail uses.

    Property Features for 4301 45Th Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,274 SF
    Total Rate
    39411

    Unit(s) available at that property

    Space
    100
    Size
    2,962 SF
    Rate per SF
    $20
    Space
    700
    Size
    2,490 SF
    Rate per SF
    $20
    Space
    900
    Size
    3,248 SF
    Rate per SF
    $20

    HighLights

    • 26,274 SF retail strip center in Randall County.
    • Three suites available, with 8,700 SF currently vacant.
    • Minimum divisible space: 2,962 SF; maximum contiguous space: 3,248 SF.
    • Located on a 1.88‑acre lot with ample parking.
    • High traffic location with ±37,420 cars per day at the intersection of 45th and Western (per COA).
    • Will subdivide; tenant improvement allowance available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neoclassic Landscaping Amarillo Landscaper Buddy's Home Furnishings Furniture Rental Service Family Dollar Dollar Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.8867661
    Latitude
    35.1621316

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail center; ample parking.
    Where is this neighborhood center located?
    The property is located at 4301 45Th Ave Amarillo, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 26,274 SF retail strip center in Randall County.; Three suites available, with 8,700 SF currently vacant.; Minimum divisible space: 2,962 SF; maximum contiguous space: 3,248 SF.
    Request Owner's contact information
    4301 45Th Ave Amarillo, TX 79109
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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
    4301 45Th Ave Amarillo, TX 79109
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