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    1619 Grand St Amarillo, TX 79107-7267
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    Property profile & analytics

    1619 Grand St Amarillo, TX 79107-7267


    • Grocery and convenience stores
    • 2,200 SF
    • 0.44 lot acres
    Off-Market
    Last Sale Dec 12, 2023
    Property ID
    US82-0312275
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sun Donuts / Restaurant
    • Grand Discount / Grocery & Convenience Store
    • Cardtronics ATM / Atm

    Property Details for 1619 Grand St

    Year built
    1950
    Lot size
    0.44 lot acres
    Property size
    2,200 SF
    Zone code
    GR
    Property type
    Grocery and convenience stores
    APN
    R-022-4800-1420
    APU
    R02248001420

    Description

    This exceptional Amarillo investment opportunity encompasses two buildings totaling 2,200 square feet situated on a shared parking lot at 1619 N Grand St, Amarillo, TX 79107. One building houses an established convenience store, complete with inventory at the time of sale, which has been owned by the seller for two decades. The second building is currently leased to a tenant (House of Donuts) under a yearly lease agreement. All equipment and fixtures within the House of Donuts, including the fire suppression system and vent hood, are owned by the tenant and will not be included in the sale. The tenant has expressed interest in remaining. The property features a drive-thru on the south side of the building. Significant improvements have been made, including a new roof and HVAC system in 2013, and updated chiller units in the walk-in cooler. The HVAC system was further updated in 2021. This property presents a unique blend of established income and potential for future growth, making it an attractive investment in the thriving Amarillo market. The asking price is $500,000, reflecting a price per square foot of $227.27. The buildings were constructed in 1950. This is a turnkey opportunity for an astute investor seeking a strong return on investment in a desirable location.


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    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.796
    Latitude
    35.2314
    CBSA code
    11100
    CBSA name
    AMARILLO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,329
    $9,583
    $261,902
    $271,485
    -
    $9,583
    $261,902
    $271,485
    More about this property
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