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Property profile & analytics
OFF-MARKET Estimated value $840,000
Distribution centers

1701 16th Ave Amarillo, TX 79102-4347

10,500 SF 1.72 ac lot Built 1978
Entity Owned 10-yr Hold Free & Clear
Property ID
US82-2245289
Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1978
Total area 10,500 SF
Lot 1.72 ac (74,923 SF)
Zoning code HC
APN R-048-0400-8450
UPID US82-2245289
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
  • DXP Enterprises Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$923k
Blend (final) Blend
$840k
Owner & transaction history
James S Kone Management LLC · 10 yrs held
James S Kone Management LLC
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
HC · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

to a horse lot (private) located in A, HC, I-1 or I-2 Zoning Districts. Any area used for the keeping of horses under this chapter shall be fenced and shall exclude any area required as minimum Front Yard specified in the Zoning Ordinance of the City. (80) Stable (Private): Any Structure located within a horse lot (private) which is used for the sheltering,…

Zone name Heavy Commercial
General category COMMERCIAL
Zone area 3,592.01 ac
Source code of ordinances
Top alternative use upside
Auto repair, garage $1.4M +85.4%
Restaurant $1.2M +60.5%
Retail stores $975,000 +30.5%
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