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    4600 Washington St Amarillo, TX 79110

    Sponsored
    For Lease
    $14 SF/Yr ($3,150 /Mo)

    High-traffic location, 2700 sq ft.

    Lot size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This freestanding retail building, located at the corner of Washington and SW 46th Ave in Amarillo, Texas, offers 2,700 square feet of space on a 27,077 square foot lot. The property benefits from a high-traffic intersection with 27,476 vehicles per day, ensuring excellent visibility for your business. Ample on-site parking and easy access are key features, complemented by the availability of a pylon sign for enhanced branding. The GR zoning allows for a variety of retail uses, subject to restrictive covenants. These covenants prohibit the sale of car wash services, oil change services, motor vehicle lubrication services, check cashing services, grocery items, beer or wine for off-premises consumption, tobacco products, lottery tickets, motor fuel, fountain drinks, or teas. The property's strategic location places it near major retailers such as United Supermarket, Sutherlands, AutoZone, and Toot N' Totum, creating a strong retail synergy. The net lease rate is $3.85 per square foot. This is an exceptional opportunity for a business seeking high visibility and convenient access in a thriving Amarillo commercial district. The property is located in Randall County, Texas, with a zip code of 79110.

    Property Features for 4600 Washington St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,700 SF
    Total Rate
    3150

    Unit(s) available at that property

    Space
    Size
    2,700 SF
    Rate per SF
    $14
    Property Profile Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Metro by T-Mobile Cell Phone 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
    -101.84905189123
    Latitude
    35.163348452605

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, 2700 sq ft.
    Where is this individual retail property located?
    The property is located at 4600 Washington St Amarillo, TX.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    Request Owner's contact information
    4600 Washington St Amarillo, TX 79110
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    Amarillo, TX 79110
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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
    4600 Washington St Amarillo, TX 79110
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