Property profile

2406 3rd Ave Amarillo, TX 79106

OFF-MARKET
Distribution centers
Property ID
US82-0156485
23,800 SF 1.03 ac lot Built 1961
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1961
Total area 23,800 SF
Lot 1.03 ac (44,867 SF)
Zoning code I1
APN R-056-0100-5309
UPID US82-0156485

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
  • Charitable Organization Social Service Agency

Location

2406 3rd Ave Amarillo, TX 79106-6853
Amarillo metro Census 12000 AMARILLO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.87M
Comparable Approach Comparable
$2.20M
Blend (final) Blend
$605k

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
2007
Price N/A

Zoning & alternative use

I1 · Amarillo, TX
Top alternative use upside
Retail stores $3.4M +76.6%
Auto repair, garage $3.2M +68.0%
Restaurant $2.9M +50.3%

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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