Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4516 Georgia St Amarillo, TX 79110

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4516 Georgia St Amarillo, TX 79110

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lone Star Graphics LLC / Car Wash
    • Brandon Starnes Construction & Remodel / Renovation Specialist / General Contractor
    • Texas Auto Needs / Interior Design / Auto Repair Shop

    Property Details for 4516 Georgia St

    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    This exceptional Amarillo commercial property offers three 800-square-foot suites, ideal for a variety of uses. The flexible space is suitable for both traditional office and creative office setups, making it a versatile option for businesses seeking a well-located and functional space. Each suite is individually priced and features convenient access. The property is situated at 4516 S Georgia St, Amarillo, TX 79110, offering a prime location within the city. A key advantage is the unique combination of storefront retail space and an attached garage or mini-warehouse, providing ample storage solutions. This setup is perfect for businesses requiring both a visible retail presence and substantial storage capacity. The property's design allows for customization to meet specific business needs. The three available suites present an excellent opportunity for businesses of various sizes to establish a strong presence in Amarillo. This is a single-tenant property, ensuring privacy and control. Contact us today to learn more about this exciting opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.866
    Latitude
    35.1628

    Comparable in this City

    • Value Estimation by Request
      15.50 Acres

      TX-335 Loop

      Land • 15.50 Acres
      TX-335 Loop, Amarillo, TX 79110
      View Details
    • Value Estimation by Request
      19,436 SF

      58 58Th Ave

      Individual retail properties • 19,436 SF
      58 58Th Ave, Amarillo, TX 79110
      View Details
    • Value Estimation by Request
      10,074 SF

      4385 Cyn Expy

      Office buildings • 10,074 SF
      4385 Cyn Expy, Amarillo, TX 79110
      View Details
    • Value Estimation by Request
      19,434 SF

      7517 Canyon Dr

      Distribution properties • 19,434 SF
      7517 Canyon Dr, Amarillo, TX 79110
      View Details
    • Value Estimation by Request
      1,041 SF

      3610 Washington St

      Office properties & Spaces • 1,041 SF
      3610 Washington St, Amarillo, TX 79110
      View Details
    • Value Estimation by Request
      8,093 SF

      7845 Cyn Expy

      Office properties & Spaces • 8,093 SF
      7845 Cyn Expy, Amarillo, TX 79110
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Commercial Land in Amarillo

      15.5 acres ideal for retail, office, hospitality development.
      TX-335 Loop, Amarillo, TX 79110
      View Details
    • Contact for pricing
      12,153 SF

      High-Traffic Commercial Building in Amarillo

      12,153 SF building with high visibility and flexible layout.
      4530 Canyon Dr, Amarillo, TX 79110
      View Details
    • $680,000
      0.52 Acres

      Commercial Property in Southwest Amarillo

      Commercial property with great access and visibility along Canyon Drive.
      4533 Canyon Dr, Amarillo, TX 79110
      View Details
    • $550,000

      Amarillo Flex Space with Warehouse

      Modern flex space with warehouse in gated business community.
      3801 Business Park Dr, Amarillo, TX 79110
      View Details
    • Contact for pricing

      Prime Land at Georgia Intersection

      8.7-acre land parcel in thriving Amarillo location.
      5993 S Georgia St, Amarillo, TX 79110
      View Details
    • $1,600,000
      15,748 SF

      I-27 & S Bonham Property

      Property with excellent accessibility and visibility at I-27 & S Bonham.
      4101 Canyon Dr, Amarillo, TX 79110
      View Details

    Similar Nearby for Lease

    • $850 /Mo
      930 SF

      Versatile Flex Space in Amarillo

      Adaptable flex, office, and warehouse spaces in a business park.
      4092 Business Park Dr, Amarillo, TX 79110
      View Details
    • $250 SF/Yr
      800 SF

      Versatile Business Park Space Available

      Flexible leases in a professional Amarillo business park.
      4048 Business Park Dr, Amarillo, TX 79110
      View Details
    • $690 /Mo
      950 SF

      Versatile Business Park Space Available

      Flexible leases in a professional Amarillo business park.
      3948 Business Park Dr, Amarillo, TX 79110
      View Details
    • $960 /Mo
      1,130 SF

      Versatile Flex Space in Amarillo

      Adaptable flex, industrial, warehouse, and office spaces available for rent.
      6451 South Western St, Amarillo, TX 79110
      View Details
    • $1,260 /Mo
      1,665 SF

      Versatile Flex Space in Amarillo

      Adaptable office, warehouse, and yard spaces available for lease.
      4006 Business Park Dr, Amarillo, TX 79110
      View Details
    • Contact for pricing

      Versatile Flex Office/Warehouse Suites

      Flex office/warehouse spaces in a prime Amarillo location.
      4178 Business Park Dr, Amarillo, TX 79110
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4516 Georgia St
    Amarillo, TX 79110
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!