1606 Amarillo Blvd Amarillo, TX 79107
- Retail space
- 1,887 SF
- 0.29 lot acres
Current Use by Public Records
- Retail space
Property Details for 1606 Amarillo Blvd
- Year built
- 1997
- Lot size
- 0.29 lot acres
- Property size
- 1,887 SF
- Zone code
- LC
- Property type
- Retail space
- APN
- R-052-1500-4122
- APU
- R05215004122
Description
This exceptional 1,887 square foot Class A commercial property, located at 1606 Amarillo Blvd East in Potter County, Texas, presents a unique investment opportunity. The single-tenant space is situated on a 12,632 square foot corner lot zoned HC - Heavy Commercial, offering excellent visibility and accessibility. Previously occupied by Check "n" Go, this versatile property is adaptable for various uses, including office, retail, or restaurant operations. A significant advantage is the inclusion of an existing vent hood, ideal for food-related businesses. The property boasts prominent pole signage, ensuring maximum exposure to the high volume of traffic on Amarillo Boulevard and Williams. This prime location benefits from its proximity to a thriving commercial district, surrounded by established businesses such as United Supermarket, JD Wyatt Medical, Subway, Little Caesars Pizza, Toot'N'Totum, and Advanced Auto Parts, guaranteeing a steady stream of potential customers. The property's strategic positioning and high foot traffic make it an ideal choice for businesses seeking maximum visibility and accessibility in a bustling retail environment. The entire 1,887 square feet is currently vacant and ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $430,000
- 6.5%
- $415,000
- 7%
- $400,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $365,000
- Mixed-Use
- $360,000
- Hospitality
- $440,000
- Educational
- $390,000
- Residential Income
- $370,000
- Energy
- $370,000
- Income-Based Land
- $440,000
- Food Service
- $420,000
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.815
- Latitude
- 35.2217
- CBSA code
- 11100
- CBSA name
- AMARILLO, TX METROPOLITAN STATISTICAL AREA
