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Property profile & analytics
FOR SALE
Warehouses
1802 SE 22Nd Ave, Amarillo, TX 79103
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5009134
For Sale
1 / 3
$552,000
1802 SE 22Nd Ave, Amarillo, TX 79103
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Property summary
AI-generated overview
This exceptional 4,800-square-foot industrial warehouse, built and renovated in 2022, is available for $552,000. Located at 1802 SE 22nd Ave, Amarillo, TX 79103, on a 0.54-acre lot, this Class B property boasts a 6.96% pro-forma cap rate and a $38,400 pro-forma NOI. The single-story building features 14-17 foot ceilings, two loading docks, and one 14-foot dock-high door, ideal for distribution, manufacturing, or warehousing. Zoned HC - Heavy Commercial, it offers ample on-site parking and is conveniently located near major transportation routes. The property is fully serviced with essential utilities and includes a sturdy concrete floor. Its versatile design and prime location in Potter County make it an attractive investment opportunity or owner-user space. The asking price is $115 per square foot. This vacant property presents a unique chance to acquire a well-maintained, modern industrial space in a growing Texas market.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Total area
4,800 SF
Lot
0.55 ac (23,784 SF)
APN
298921
UPID
US82-5009134
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Twenty Two Ten Ltd · 4 yrs held
Twenty Two Ten Ltd
since 2022
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Amarillo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amarillo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,737
Tax year 2023
Assessed value
$300,750
Assessed 2024
Previous assessed
$218,917
+37.4% YoY
Effective rate
1.58%
On assessed value
Assessed land
$34,249
Assessed improvement
$266,501
Land market value
$34,249
Improvement market value
$266,501
Total market value
$300,750
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2022
Total area
4,800 SF
Lot
0.55 ac (23,784 SF)
APN
298921
UPID
US82-5009134
Jurisdiction
POTTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2022
Lot
0.55 ac
Current owner
From public records · entity-resolved
Twenty Two Ten Ltd
Individual
Free & Clear · 4 yrs held
Mailing address
411 S FILLMORE ST, AMARILLO, TX 79101-1536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2022
—
Twenty Two Ten Ltd
Re Bac Investments LLC
Correction Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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