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    101 Grant St Amarillo, TX 79101

    For Lease
    $2 SF/Yr ($13,647 /Mo)

    Large industrial warehouse, prime Amarillo location.

    Lot size:
    55,514 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 55,514-square-foot warehouse presents a significant opportunity for industrial businesses seeking a substantial space in Amarillo, Texas. Located at 101 S Grant St, this single-tenant property sits on a generous 83,383-square-foot lot, offering ample room for operations and potential expansion. Built in 1950, the warehouse is zoned I-1 (Industrial), ensuring compatibility with a wide range of industrial uses. The entire building is currently vacant, providing immediate occupancy for a new tenant. The property's location in downtown Amarillo offers convenient access to transportation routes and city amenities. The substantial square footage makes it ideal for large-scale storage, distribution, manufacturing, or other industrial operations. This property is situated in Potter County, Texas, and its zip code is 79101. The building's age presents an opportunity for modernization and customization to meet specific business needs. This is a rare opportunity to acquire a large, vacant warehouse in a desirable Amarillo location. The property's size and zoning make it suitable for a variety of industrial uses, offering significant potential for growth and profitability. Interested parties should act quickly to secure this exceptional property.

    Property Features for 101 Grant St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,514 SF
    Total Rate
    13647.19

    Building Details

    Year Built
    1950

    Unit(s) available at that property

    Space
    Available Space
    Size
    55,514 SF
    Rate per SF
    $2

    HighLights

    • Eight (8) dock‑high doors, 44" high.
    • One (1) covered loading dock, 22' x 24'.
    • Equipped with a fire suppression system.
    • Six (6) gas heaters.
    • 26' clear ceiling height (middle).
    • 22' clear ceiling height (sidewall).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BCI Drake Warehouse

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Law Firm Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.8261312
    Latitude
    35.2114711

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    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, prime Amarillo location.
    Where is this distribution property located?
    The property is located at 101 Grant St Amarillo, TX.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Eight (8) dock-high doors, 44" high.; One (1) covered loading dock, 22' x 24'.; Equipped with a fire suppression system.
    Request Owner's contact information
    101 Grant St Amarillo, TX 79101
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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
    101 Grant St Amarillo, TX 79101
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