Financial
Distress signals
Property profile

1616 Kentucky St S Amarillo, TX 79102

FOR LEASE
Parking lots & garages
Property ID
US82-2130791
14,362 SF 3.76 ac lot Built 1976
Last sale Feb 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class B office building, located at 1616 S Kentucky St in Amarillo, Texas, 79102, offers a diverse range of executive office spaces. The property boasts a total of 86,411 square feet, situated on a generous 3.76-acre lot. Tenants can choose from various sizes, with a minimum divisible space of 334 square feet and a maximum contiguous space of 5,321 square feet. Currently, there are 19,533 square feet of vacant space available, presenting a significant opportunity for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$104k
Tax billed · 2023
Assessed value · 2024$4.90M
Assessed land$983k
Assessed improvement$3.92M
Effective rate2.12%

Value estimate

· Sep 2026
$330k
$297k – $363k
AI approach$305k
NOI build-up
Gross scheduled income$317k
Vacancy & credit loss−$48k
Operating expenses−$67k
NOI · 1,156,091.43% cap applied$202k

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?
1,156,091.43%
$202k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
PD
District is to recognized that it may be desirable that certain areas of the city be developed in accordance with plans prepared and appr...
General categoryPLANNED_DEVELOPMENT
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 agency18.4
Convenience Store12.5
HVAC Service11.9

Location

1616 Kentucky St S Amarillo, TX 79102
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

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

Comparables

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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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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