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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Office buildings
219 Pierce St Amarillo, TX 79101-1540
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-3029398
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Total area
7,933 SF
Lot
0.39 ac (16,988 SF)
Zoning code
CB
APN
R-031-0500-1272
UPID
US82-3029398
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
-
Dependable Plumbing Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
Rad Brothers Investments LLC · 3 yrs held
Rad Brothers Investments LLC
since 2022
5 recorded transactions
Zoning & alternative use
CB · Amarillo, TX
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
$119 / SF
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
$4,435
Tax year 2023
Assessed value
$273,987
Assessed 2024
Previous assessed
$204,964
+33.7% YoY
Effective rate
1.62%
On assessed value
Assessed land
$29,400
Assessed improvement
$244,587
Land market value
$29,400
Improvement market value
$244,587
Total market value
$273,987
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1940
Heating
FORCED AIR
Stories
1
Rooms
1
Total area
7,933 SF
Lot
0.39 ac (16,988 SF)
Zoning code
CB
APN
R-031-0500-1272
UPID
US82-3029398
Jurisdiction
POTTER
Zoning & alternative use
CB · Amarillo, TX
Zoning CB · permitted uses
CB · Amarillo, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amarillo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
FORCED AIR
Stories
1
Rooms
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Rad Brothers Investments LLC
Entity
Mailing address
219 S PIERCE ST, AMARILLO, TX 79101-1540
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2022
—
Rad Brothers Investments LLC
Aaron Gonzales
Warranty Deed
$224,000 · Firstcapital Bank Of Texas NA
Sep 13, 2019
—
Aaron Gonzales
Green,james H & Daisey M
Grant Deed
$224,000 · Firstcapital Bk/tx NA
—
—
James H Green
—
Deed Of Trust
related
$265,000 · Potter County Bail Bond Board
—
—
James H Green
—
Deed Of Trust
related
$365,000 · Potter County Bail Bond Board
—
—
James H Green
—
Deed Of Trust
related
$160,000 · Potter County Bail Bond Board
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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