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    1801 B Ave Amarillo, TX 79111

    Sponsored
    For Lease
    $2.00 SF/Yr ($8,000 /Mo)

    Versatile Amarillo warehouse/flex space.

    Lot size:
    48,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial property, located at 1801 B Ave in Amarillo, Texas, offers a unique opportunity for businesses seeking flexible and adaptable space. The property, totaling 48,000 square feet, is comprised of multiple tenancies within a building constructed in 1950. Currently, 58,140 square feet is vacant and available for lease, offering spaces ranging from a minimum of 10,140 square feet to a maximum contiguous space of 24,000 square feet. The building's history includes use by Amarillo Air Force Base as a jet mechanic training facility, starting in March 1951. While the exterior requires some modifications, the building's shell remains in good condition. Its prime location adjacent to Amarillo's airport, with direct runway access to the hangar buildings, presents significant advantages for large-scale industrial or governmental operations. This property, situated in Potter County, Texas, and boasting a 79111 zip code, offers a compelling blend of history, functionality, and strategic location. The property's versatility makes it suitable for a variety of manufacturing, flex, and warehouse uses. Contact us today to explore the possibilities.

    Property Features for 1801 B Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,000 SF
    Total Rate
    8000

    Building Details

    Year Built
    1950

    Unit(s) available at that property

    Space
    Hanger B
    Size
    24,000 SF
    Rate per SF
    $6
    Space
    Morgan Modular Office Building
    Size
    10,140 SF
    Rate per SF
    $10
    Space
    Hanger C
    Size
    24,000 SF
    Rate per SF
    $6
    Property Profile Location Intelligence

    Current Use by Public Records

    Arden Companies Inc Warehouse

    Suggested Use

    Realty agency Law Firm Building Supply Department Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.6864006
    Latitude
    35.2344546

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    FAQs

    What type of property is this?
    Distribution property - Versatile Amarillo warehouse/flex space.
    Where is this distribution property located?
    The property is located at 1801 B Ave Amarillo, TX.
    What is the lease rate?
    The lease rate is $6-$10 SF/Yr.
    Request Owner's contact information
    1801 B Ave Amarillo, TX 79111
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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
    1801 B Ave Amarillo, TX 79111
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