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Property profile & analytics
OFF-MARKET
Turn key restaurants

2108 Paramount Blvd Amarillo, TX 79109-1614

8,117 SF 1.31 ac lot Built 1973
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US82-4549333
Property summary
AI-generated overview

This 8,117 sq ft restaurant in Amarillo, TX, is ideally situated on Paramount Blvd, offering ±190' of frontage and direct access to I-40. Its prime location places it within two miles of Downtown Amarillo, the Medical Center, Westgate Mall, and a regional retail center, with convenient access to nearby hotels. The building boasts a solid cinderblock exterior, a well-maintained foundation, and a new TPO roof installed in 2014. Interior features include two main floor dining areas, two upstairs private dining areas, and a covered patio with seating for 40-50 guests. Ample parking is available with over 95 spaces. The property includes ADA-compliant restrooms and an employee restroom in the kitchen. Extensive renovations in 2013 brought the building up to city code, including the replacement of water, gas, and sewer lines. Electrical upgrades include a new 3-phase system. The kitchen is equipped with six new vent hoods, an 8'x24' walk-in cooler, and an 8'x8' freezer, all installed in 2013. A new large grease trap with double cleanouts is also in place. High visibility is ensured by a 30' tri-pole curbside sign visible from I-40 and a 60' flagpole. The property sits on a 1.31-acre lot and is zoned for Light Commercial use. Asking price is $933,455 ($115/sq ft).

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Total area 8,117 SF
Lot 1.31 ac (57,064 SF)
Zoning code LC
APN R-044-4900-1740
UPID US82-4549333
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
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Owner & transaction history
Mohawk Properties LLC · 14 yrs held
Mohawk Properties LLC
since 2012
7 recorded transactions
2025
Price N/A
2020
Price N/A
2017
Price N/A
2017
Price N/A
2012
Price N/A
2012
Price N/A
1969
Price N/A
Zoning & alternative use
LC · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

remelting purposes, which is located in the A, GR, LC, CB, HC, I-1 and PD Zoning Districts. It also does not include the incidental outdoor display of commodities for retail sale where the use is permitted by section 4-10-82 in a GR General Retail District. Where either this designation of an open storage activity or another designation might apply, the more…

Zone name Light Commercial
General category COMMERCIAL
Zone area 3,479.44 ac
Source code of ordinances
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