Property summary
This exceptional 4,524-square-foot mixed-use property in Amarillo, Texas, presents a compelling investment opportunity. Located at 2500 Folsom Rd, in Potter County, zip code 79108, this 2010-built building sits on a spacious 22,651-square-foot lot, zoned GR - General Retail. Its convenient location just north of Highway 60 offers easy access to I-40, Rick Husband Amarillo International Airport, the Amazon distribution center, the new Buc-ee's, and Route 66 Motor Speedway, while remaining outside the bustling city center. Previously utilized as a daycare and event center, the adaptable layout caters to diverse commercial or community uses. The building boasts a fully equipped kitchen featuring a vent hood and potential for a grease trap, ADA-compliant restrooms, and a fire suppression system for enhanced safety. A fenced yard and ample front parking add to its functionality. The asking price is $452,400. This property's versatility, prime location, and existing infrastructure make it an ideal investment for a savvy buyer seeking a high-return opportunity in a rapidly growing area. The property's size and zoning allow for a variety of uses, including but not limited to daycare, restaurant, and storefront retail.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Amarillo market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GR · Amarillo, TXremelting 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GR in Amarillo, TX.
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