2711 Stanley St Amarillo, TX 79109
- Outlet malls
- 24,000 SF
- 0.32 lot acres
Current Use by Public Records
- Testosterone ApexEssence Therapy Center / Medical Clinic
- Super-Rentals / Electronics Store / Appliance Rental Service
- Stanley Street Investments / Banking And Finance
Property Details for 2711 Stanley St
- Year built
- 1952
- Lot size
- 0.32 lot acres
- Property size
- 24,000 SF
- Zone code
- LC
- Property type
- Outlet malls
- APN
- R-044-4600-2065
- APU
- R04446002065
Description
This exceptional investment opportunity presents three strategically located commercial properties in Texas for $1,300,000. The portfolio comprises three buildings totaling 8,000 to 32,000 square feet across three distinct Texas cities: Amarillo, Borger, and Dumas. Each property offers unique advantages and significant potential. In Amarillo, a four-story building at 2711 Stanley Street boasts a lifetime-warrantied TPO roof system and presents a blank canvas for redevelopment, ideal for mixed-use projects or a boutique hotel. The building's historic charm combines with modern adaptability. In Borger, 729 N Main Street provides high visibility on a major commercial thoroughfare, perfect for retail or office use. Its spacious layout allows for customization to suit various business needs. Finally, in Dumas, 1200 S Dumas Avenue features a newly installed metal roof, reducing future maintenance costs. This property offers a large showroom and upstairs office space, suitable for retail, service, or light industrial businesses. All three properties are zoned for commercial use and benefit from high-traffic locations, ensuring strong potential for return on investment. The portfolio's versatility allows for a wide range of commercial uses, making it an attractive proposition for investors seeking diverse and strategically located assets in a growing market. The properties are turnkey ready, offering immediate occupancy and the potential for significant future appreciation. This is a rare opportunity to acquire a well-positioned, multi-property portfolio at a compelling price point.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $760,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $720,000
- 6.5%
- $645,000
- 7%
- $705,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $710,000
- Geo Method
- $625,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $640,000
- Retail
- $630,000
- Mixed-Use
- $560,000
- Hospitality
- $630,000
- Educational
- $740,000
- Residential Income
- $660,000
- Energy
- $675,000
- Income-Based Land
- $680,000
- Food Service
- $660,000
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.867
- Latitude
- 35.1914
- CBSA code
- 11100
- CBSA name
- AMARILLO, TX METROPOLITAN STATISTICAL AREA
