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Property profile & analytics
OFF-MARKET Estimated value $905,000
Distribution centers

1945 11th Ave Amarillo, TX 79102-4443

12,736 SF 0.56 ac lot Built 1979
Individually Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US82-3302487
Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1979
Total area 12,736 SF
Lot 0.56 ac (24,394 SF)
Zoning code HC
APN R-048-0400-4578
UPID US82-3302487
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
  • Air Compressor Solutions Production Facility Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$786k
Blend (final) Blend
$905k
Owner & transaction history
Lawrence R Laroche · 12 yrs held
Lawrence R Laroche
since 2014
1 recorded transaction
2014
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
Restaurant $1.5M +60.5%
Retail stores $1.2M +30.5%
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