101 Grant St Amarillo, TX 79101
- Warehouses
- 55,514 SF
- 1.89 lot acres
Current Use by Public Records
- BCI Drake / Warehouse
Property Details for 101 Grant St
- Year built
- 1950
- Lot size
- 1.89 lot acres
- Property size
- 55,514 SF
- Zone code
- PD
- Property type
- Warehouses
- APN
- R-039-0300-7380
- APU
- R03903007380
Description
This exceptional 55,514-square-foot warehouse presents a significant opportunity for industrial businesses seeking a substantial space in Amarillo, Texas. Located at 101 S Grant St, this single-tenant property sits on a generous 83,383-square-foot lot, offering ample room for operations and potential expansion. Built in 1950, the warehouse is zoned I-1 (Industrial), ensuring compatibility with a wide range of industrial uses. The entire building is currently vacant, providing immediate occupancy for a new tenant. The property's location in downtown Amarillo offers convenient access to transportation routes and city amenities. The substantial square footage makes it ideal for large-scale storage, distribution, manufacturing, or other industrial operations. This property is situated in Potter County, Texas, and its zip code is 79101. The building's age presents an opportunity for modernization and customization to meet specific business needs. This is a rare opportunity to acquire a large, vacant warehouse in a desirable Amarillo location. The property's size and zoning make it suitable for a variety of industrial uses, offering significant potential for growth and profitability. Interested parties should act quickly to secure this exceptional property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $650,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $865,000
- 6.5%
- $805,000
- 7%
- $850,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $835,000
- Geo Method
- $800,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $755,000
- Retail
- $990,000
- Mixed-Use
- $990,000
- Hospitality
- $965,000
- Educational
- $855,000
- Residential Income
- $960,000
- Energy
- $915,000
- Income-Based Land
- $965,000
- Food Service
- $940,000
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.826
- Latitude
- 35.2115
- CBSA code
- 11100
- CBSA name
- AMARILLO, TX METROPOLITAN STATISTICAL AREA