1712 SE 27Th Ave Amarillo, TX 79103
For Sale
1 / 6
This exceptional 8,100-square-foot industrial warehouse is available for purchase in Amarillo, Texas, for $505,000. Located at 1712 SE 27th Ave, in Potter County, this property boasts a convenient location just off I-40 and Ross/Osage, offering excellent accessibility. The single-story building sits on a substantial 27,878-square-foot lot and features a spacious layout ideal for distribution or manufacturing operations. The warehouse offers a ceiling height ranging from 14 to 17 feet, providing ample vertical space. A 12ft x 12ft garage door ensures easy access for loading and unloading. The building is 80 feet wide and 100 feet deep, providing a functional and efficient workspace. The property is currently vacant and zoned HC - Heavy Commercial, allowing for a variety of industrial uses. The asking price is $505,000, translating to $62.35 per square foot. This is a Net NNN lease type property. This represents a compelling investment opportunity in a thriving Amarillo location. The property is ready for immediate occupancy.
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,…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC · Amarillo, TXto 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, quartering and feeding of Animals. (81) Veterinarian's Office Only (no hospital): A facility for the prevention, treatment, minor surgery, cure or alleviation of disease and/or injury in Animals, specifically Domestic Animals, with all care provided on an outpatient treatment basis only. No overnight boarding of Animals shall be allowed. (82) Flea Market: A collection or group of outdoor stalls, booths, tables or other similar arrangement, used by individual vendors, for the display and sale of various items of new or used personal property. (83) Laboratory, Manufacturing: Operations involving the compounding of products such as perfumes, pharmaceutical and the development and assembly of instruments and similar items. (84) Light Fabrication and Assembly Processes: Including the manufacture of clothing, jewelry, trimming decorations and any similar item not involving the generation of noise, odor, vibration, dust or hazard. (85) Mini-Storage Warehouse: A unified Development of leasable self-storage units built on the site, each unit not to exceed three hundred (300) square feet in Floor Area. No outside storage, no storage of explosives, flammable materials or materials emitting noxious odors shall be allowed. (86) New Building Materials Sales and/or Storage (Unscreened): The sale and/or storage of Building materials where a minimum of sixty (60) percent of the Building materials are new products which have not previously been used in the construction of, or as a part of, any Structure. (87) Outdoor Storage (Screened): The storage of any equipment or commodity, either as a primary use of land or as an Accessory Use, in an outdoor area which is enclosed by a fence, wall or other visual barrier which complies with the specifications of
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
