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Property profile & analytics
OFF-MARKET Estimated value $655,000
Office buildings

1801 B Ave Amarillo, TX 79111-1165

3,912 SF 147.68 ac lot Built 1950
Individually Owned Free & Clear
Property ID
US82-3942181
Property summary
AI-generated overview

This exceptional industrial property, located at 1801 B Ave in Amarillo, Texas, offers a unique opportunity for businesses seeking flexible and adaptable space. The property, totaling 48,000 square feet, is comprised of multiple tenancies within a building constructed in 1950. Currently, 58,140 square feet is vacant and available for lease, offering spaces ranging from a minimum of 10,140 square feet to a maximum contiguous space of 24,000 square feet. The building's history includes use by Amarillo Air Force Base as a jet mechanic training facility, starting in March 1951. While the exterior requires some modifications, the building's shell remains in good condition. Its prime location adjacent to Amarillo's airport, with direct runway access to the hangar buildings, presents significant advantages for large-scale industrial or governmental operations. This property, situated in Potter County, Texas, and boasting a 79111 zip code, offers a compelling blend of history, functionality, and strategic location. The property's versatility makes it suitable for a variety of manufacturing, flex, and warehouse uses. Contact us today to explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Total area 3,912 SF
Lot 147.68 ac (6,432,941 SF)
Zoning code I1
APN R-200-0390-0001
UPID US82-3942181
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
  • Arden Companies Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
$735k
Comparable Approach Comparable
by Request
Blend (final) Blend
$655k
Owner & transaction history
CITY AMARILLO
CITY AMARILLO
Zoning & alternative use
I1 · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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