Property profile

2204 27th Ave Amarillo, TX 79103

OFF-MARKET
Bars & Pubs
Property ID
US82-4310491
2,892 SF 0.6 ac lot Built 1957
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The Shoppes @ 27th, a new 8,000 square foot retail strip center in Amarillo, Texas, is now leasing. Located at 2204 SE 27th Ave, this property offers spaces ranging from 1,200 to 8,000 contiguous square feet, with the possibility of subdividing larger spaces. Built in 2025, the center boasts excellent visibility, with over 24,642 cars passing daily, according to the County. The property features drive-up availability at the two end-caps and is conveniently located in the Lawndale neighborhood, near Sam's Club, and offers easy access to Interstates 40 and 27. Tenant finish-out is available, contingent upon lease terms and creditworthiness. The property is zoned GR and is situated in Potter County, Texas, with a zip code of 79103. This prime retail location presents a fantastic opportunity for businesses seeking high visibility and convenient access in a thriving Amarillo neighborhood. The minimum divisible space is 1,200 square feet. This is a new construction property offering a modern and efficient retail space.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1957
Total area 2,892 SF
Lot 0.6 ac (26,136 SF)
Zoning code GR
APN R-200-1390-3500
UPID US82-4310491

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electronics & Wireless Store

Location

2204 27th Ave Amarillo, TX 79103-4302
Amarillo metro Census 10700 AMARILLO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

GR · Amarillo, TX
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 4-1…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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