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Property profile & analytics
OFF-MARKET
Warehouses
12821 Indian Hl Rd Amarillo, TX 79124-2408
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US83-0234678
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2015
Total area
3,600 SF
Lot
0.76 ac (33,106 SF)
APN
R-044-2900-1000
UPID
US83-0234678
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cornelius Place Gym & Fitness Center Sports Field & Court
-
Refine Innovations, LLC Environmental Consultant
-
Native Tans Tanning Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cornelius Warren · 3 yrs held
Cornelius Warren
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Amarillo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amarillo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,131
Tax year 2023
Assessed value
$377,347
Assessed 2024
Previous assessed
$343,100
+10.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$6,080
Assessed improvement
$371,267
Land market value
$6,080
Improvement market value
$371,267
Total market value
$377,347
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2015
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
3,600 SF
Lot
0.76 ac (33,106 SF)
APN
R-044-2900-1000
UPID
US83-0234678
Jurisdiction
POTTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Cornelius Warren
Individual
Free & Clear · 3 yrs held
Mailing address
215 N GRAYSTONE LN, AMARILLO, TX 79124-1541
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2023
—
Cornelius Warren
Indian Hill Investments LLC
Warranty Deed
—
Jul 2, 2018
—
Indian Hill Investments LLC
—
Deed
related
$100,000 · Amarillo Nat'l Bk
Jan 2, 2018
—
Indian Hill Investments LLC
—
Deed
related
$100,000 · Amarillo Nat'l Bk
Jul 14, 2017
—
Indian Hill Investments LLC
—
Deed
related
$100,000 · Amarillo Nat'l Bk
Feb 13, 2017
—
Indian Hill Investments LLC
—
Trustees Deed
related
$100,000 · Amarillo Nat'l Bk
Dec 12, 2016
—
Indian Hill Investments LLC
—
Deed
related
$117,350 · Amarillo Nat'l Bk
Aug 4, 2016
—
Indian Hill Investments LLC
—
Deed
related
$38,350 · Amarillo Nat'l Bk
Jan 29, 2016
—
Indian Hill Investments LLC
B & G Storage LLC
Warranty Deed
$283,629 · Amarillo Nat'l Bk
—
—
Indian Hill Investments LLC
—
Deed Of Trust
related
$38,350 · Amarillo Nat'l Bk
—
—
Indian Hill Investments LLC
—
Loan Modification
related
$100,000 · Amarillo Nat'l Bk
—
—
Indian Hill Investments LLC
—
Loan Modification
related
$117,350 · Amarillo Nat'l Bk
—
—
Indian Hill Investments LLC
—
Loan Modification
related
$100,000 · Amarillo Nat'l Bk
—
—
Indian Hill Investments LLC
—
Loan Modification
related
$100,000 · Amarillo Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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