11101 3rd Ave Amarillo, TX 79118
This exceptional 1,013,662-bushel grain facility presents a unique investment opportunity in Amarillo, Texas. Strategically located in northeastern Amarillo, this property boasts convenient access to the BNSF Railroad along its southern boundary, facilitating efficient grain transportation. The facility itself comprises a substantial concrete elevator and two metal grain warehouses, supported by two elevator legs. This robust infrastructure ensures ample storage capacity for a wide range of grain types. The property sits on a generous 3.59-acre lot, providing ample space for future expansion or operational improvements. Its proximity to Interstate 40 further enhances its accessibility and logistical advantages. Currently vacant, this property offers immediate occupancy for a buyer seeking to establish or expand their grain handling operations. The asking price for this turnkey industrial property is $640,000. The property's address is 11101 SE 3rd Ave, Amarillo, TX 79118, in Potter County. This is a rare opportunity to acquire a well-established grain facility in a prime location with excellent transportation links. The property's size and infrastructure make it ideal for a variety of grain-related businesses. Don't miss this chance to own a piece of Amarillo's thriving agricultural sector.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
A · Amarillo, TXAmarillo. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.