Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    203 46Th Ave Amarillo, TX 79118

    • Office buildings
    • 1,272 SF
    • 11.74 lot acres
    For Sale
    View listing
    $920,000
    Value Estimation
    Location Intelligence
    Property ID
    US82-4607513
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Attebury Grain LLC / Grain Elevator

    Property Details for 203 46Th Ave

    Year built
    1958
    Lot size
    11.74 lot acres
    Property size
    1,272 SF
    Zone code
    I1
    Property type
    Office buildings
    APN
    R-044-6200-0200
    APU
    R04462000200

    Description

    This exceptional 11.74-acre industrial property in Amarillo, Texas, presents a unique investment opportunity. Located on 203 E 46th St, in Randall County, this vacant facility boasts a strategic location, offering excellent access to Interstate 27 and proximity to Tradewind Airport. The property features a substantial grain facility with a capacity of 3,226,000 bushels, utilizing a combination of concrete, steel, and flat storage solutions. This well-established infrastructure ensures efficient grain handling and storage. A significant advantage is the readily available BNSF rail access situated on the west side of the property, facilitating seamless transportation and logistics. The asking price for this expansive industrial site is $920,000. This property is ideal for businesses seeking a large-scale operation with convenient access to major transportation arteries and rail infrastructure. The combination of ample storage capacity, prime location, and rail access makes this a highly attractive investment opportunity in the thriving Amarillo market. The property's zoning and potential uses should be verified independently.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $440,000
      6.5%
      $420,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $470,000
      Mixed-Use
      $485,000
      Hospitality
      $360,000
      Educational
      $490,000
      Residential Income
      $385,000
      Energy
      $395,000
      Income-Based Land
      $485,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.841
    Latitude
    35.1653
    CBSA code
    11100
    CBSA name
    AMARILLO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,637
    $153,445
    $234,004
    $387,449
    -
    $153,445
    $234,004
    $387,449

    Comparable in this City

    • Value Estimation by Request
      1,740 SF

      534 Fm 1912

      OFFICE BUILDING • 1,740 SF
      534 Fm 1912, Amarillo, TX 79118-7036
      View Details
    • Value Estimation by Request
      511 SF

      13201 Van Zandt St

      OFFICE BUILDING • 511 SF
      13201 Van Zandt St, Amarillo, TX 79118-3101
      View Details
    • Value Estimation by Request
      669 SF

      11100 3rd Ave

      OFFICE BUILDING • 669 SF
      11100 3rd Ave, Amarillo, TX 79118-6941
      View Details
    • Value Estimation by Request
      2,840 SF

      3701 Osage St

      OFFICE BUILDING • 2,840 SF
      3701 Osage St, Amarillo, TX 79118-7705
      View Details
    • Value Estimation by Request
      4,650 SF

      3850 Mack Rd

      OFFICE BUILDING • 4,650 SF
      3850 Mack Rd, Amarillo, TX 79118-3601
      View Details
    • Value Estimation by Request
      13,238 SF

      3404 Airway Blvd

      OFFICE BUILDING • 13,238 SF
      3404 Airway Blvd, Amarillo, TX 79118-7741
      View Details

    Similar Nearby for Sale

    • $2,692,008
      4.12 Acres

      Amarillo Commercial Land - $2.6M

      4.12 Acres, Prime Retail Location
      0 Pilgrim Dr, Amarillo, TX 79118
      View Details
    • $2,147,328

      Amarillo Commercial Land - 8.22 Acres

      Prime Amarillo location, high traffic count.
      0 Farmers Ave, Amarillo, TX 79118
      View Details
    • Contact for pricing
      22.04 Acres

      I-40 Amarillo Commercial Land

      Prime Amarillo Land: I-40 & US 287
      12400 Interstate 40 Hwy, Amarillo, TX 79118
      View Details
    • $242,193
      5.56 Acres

      Prime Amarillo Commercial Land

      5.56 Acres, High Visibility
      0 Way, Amarillo, TX 79118
      View Details
    • Contact for pricing
      9.80 Acres

      I-40 Amarillo Commercial Land

      9.8 Acres, High-Traffic Retail Tract
      0 Interstate 40 Hwy, Amarillo, TX 79118
      View Details
    • Contact for pricing

      Prime Amarillo Commercial Land

      62 Acres, Retail/Industrial Potential
      9000 Georgia St, Palisades, TX 79118
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      40,000 SF

      Amarillo Retail Center Investment

      Prime Amarillo location, strong tenant mix.
      34 34Th Ave, Amarillo, TX 79118
      View Details
    • $10,000 /Mo
      34,596 SF

      Warehouse with Fenced Yard

      Manufacturing or general use warehouse with large, concrete fenced yard.
      9601 S Georgia St, Amarillo, TX 79118
      View Details
    • $1,300 /Mo
      1,500 SF

      New Construction Flex Space Available

      New construction flex space near residential developments, available January 2022.
      4010 Beacon Rd, Amarillo, TX 79118
      View Details
    • $18 SF/Yr
      110,520 SF

      McCormick Retail Center Opportunity

      Amarillo retail space: prime location, high visibility
      7200 Mccormick, Palisades, TX 79118
      View Details
    • New
      $6,500 /Mo

      Amarillo Warehouse on FM 1541

      11,840 SF warehouse for lease in southeast Amarillo.
      6400 S Washington St, Amarillo, TX 79118
      View Details
    • Contact for pricing
      12,000 SF

      Beacon Point Flex Space Available

      Amarillo, TX Industrial Flex Space for Lease
      4086-4088 Beacon Rd, Amarillo, TX 79118
      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.
    203 46Th Ave
    Amarillo, TX 79118
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.