Technical
Financial
Distress signals
Property profile

Ih 27 Amarillo, TX 79119

FOR SALE
Other commercial real estate
Property ID
US82-3985306
0.19 ac lot
Individually Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Ih 27, Amarillo, TX 79119 For Sale
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Ih 27, Amarillo, TX 79119
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Property summary

AI-generated overview

The property consists of a one-acre lot located just south of Amarillo, Texas, approximately 2 miles from Amarillo, 4 miles from Canyon, and about 1 mile west of I-27. The lot fronts Soncy Road with approximately 400 feet of road frontage and is associated with a traffic count of 8,129 cars per day. The parcel is suitable for development consistent with its roadway access, and additional adjacent land is available if expansion is required.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.19 ac (8,276 SF)
Zoning code HC
APN R-048-0400-5025
UPID US82-3985306

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ih 27 Amarillo, TX 79119
Amarillo metro Census 15400 AMARILLO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

Zoning & alternative use

HC · Amarillo, TX
Zoning description

to a horse lot (private) located in A, HC, I-1 or I-2 Zoning Districts. Any area used for the keeping of horses under this chapter shall be fenced and shall exclude any area required as minimum Front Yard specified in th…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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