Technical
Financial
Distress signals
Property profile

1111 18th Ave Amarillo, TX 79102

OFF-MARKET
Office buildings
Property ID
US83-3820919
4,226 SF 0.49 ac lot Built 1978
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 4,226 SF
Lot 0.49 ac (21,344 SF)
Zoning code O
APN R-022-2000-0300
UPID US83-3820919

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Loan Service

Location

1111 18th Ave Amarillo, TX 79102-2634
Amarillo metro Census 11500 AMARILLO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
$795k
Comparable Approach Comparable
$605k
Blend (final) Blend
$360k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2022
Price N/A
2018
Price N/A
2016
Price N/A
2011
Price N/A
2009
$370,000
2007
Price N/A

Zoning & alternative use

O · Amarillo, TX
Top alternative use upside
Commercial (general) $690,000 +9.3%

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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