0 2Nd Ave Amarillo, TX 79107
This exceptional Amarillo, Texas industrial property presents a compelling investment opportunity. Located on NE 2nd Ave, in Potter County, zip code 79107, this warehouse boasts 16,110 square feet of space, situated on a generous 1.06-acre lot. Built in 1946, the property is zoned Industrial 1 (I-1), offering flexibility for various uses. The warehouse features four interior covered dock doors, ideal for efficient loading and unloading, and ample space for outside storage. A significant advantage is the large basement, accessible via both stairway and freight elevator (basement square footage not included in the listed 16,110 SF). The warehouse offers a generous 14.75' deck height and a clear height of 11.50'. Office space is conveniently located on both the east and west sides of the building, with the east side featuring a dedicated showroom. Currently leased through November 30, 2025, this property provides immediate income potential. The 2023 property taxes totaled $6,059.60. This well-maintained warehouse offers a blend of functionality and potential, making it an attractive investment in a thriving Texas market. The asking price is $550,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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