Property profile

2301 Western St Amarillo, TX 79109

OFF-MARKET
Individual retail properties
Property ID
US82-2022525
4,176 SF 0.24 ac lot Built 1965
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This single-story, 4,176 square foot office building is located at 2301 South Western Street in Amarillo, Texas, 79109. The property sits on a 0.24-acre lot and is zoned for Light Commercial use. The building features a versatile layout, ideal for a variety of businesses. Its Class C designation reflects its potential for renovation and customization to meet specific business needs. The asking price is $450,000, translating to $107.76 per square foot. The property's convenient location near I-40 ensures high traffic visibility and easy access for clients and employees. This presents a compelling opportunity for businesses seeking a well-situated office space in the thriving Amarillo market. The property's APN is 212235. This single-unit building offers immediate occupancy and significant potential for return on investment. The strategic location and versatile layout make this an exceptional opportunity for business growth in Amarillo, Potter County, Texas.

Property profile

Verified
Property type Individual retail properties
Use group BARBER, HAIR SALON
Year built 1965
Total area 4,176 SF
Lot 0.24 ac (10,454 SF)
Zoning code LC
APN R-044-5000-0840
UPID US82-2022525

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
  • Vocational School Training Center
  • Spa & Massage Center
  • Insurance Agency

Location

2301 Western St Amarillo, TX 79109-1511
Amarillo metro Census 10300 AMARILLO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
$335k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2020
Price N/A

Zoning & alternative use

LC · 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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