Financial
Distress signals
Property profile

1600 S Western St Amarillo, TX 79106

FOR LEASE
Distribution centers
Property ID
US82-3254148
2,000 SF 0.09 ac lot Built 2006
Last sale Dec 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a former Walgreens retail building with an open layout designed to accommodate a range of commercial uses, including general retail, medical-related uses, and food service. It is located at a prominent intersection with access from Western Street and Plains Boulevard. The building contains approximately 15,036 square feet of space, is supported by off-street parking with 75 spaces, and includes an existing drive-through. An overhead fire suppression system is installed in the building.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$117k
Assessed land$10k
Assessed improvement$107k
Effective rate2.14%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$226k
Vacancy & credit loss−$18k
Operating expenses−$62k
NOI · 660,218.18% cap applied$145k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
660,218.18%
$145k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPOTTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.2
Restaurant18.3
Dental Office17.9

Location

1600 S Western St Amarillo, TX 79106
County assessor Recorded deeds · 4 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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