2511 Arthur St Amarillo, TX 79103-1318
This exceptional Amarillo commercial property, located at 2511 S Arthur Street, presents a unique opportunity for a variety of businesses. Boasting a generous 5,000 square feet of space situated on a 0.16-acre lot, this property offers a versatile blend of office and shop areas. The shop component is a significant highlight, featuring three large (12-foot) electric overhead doors, ideal for loading, unloading, and accommodating sizable equipment or vehicles. High ceilings within the shop area provide ample vertical space for storage or specialized operations. The property's functionality is further enhanced by the inclusion of separate bathrooms for the office and shop areas, ensuring privacy and convenience for occupants and clients. The asking price for this well-maintained commercial building is $339,000. Its strategic location in Amarillo, Texas, combined with its substantial size and practical layout, makes it an attractive investment for entrepreneurs and businesses seeking a functional and adaptable workspace. The property's blend of office and shop space caters to a wide range of potential uses, making it a highly desirable asset in the Amarillo commercial real estate market. Serious inquiries are encouraged to explore the full potential of this versatile property. Contact us today to schedule a viewing.
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 4-10-82 in a GR General Retail District. Where either this designation of an open storage activity or another designation might apply, the more…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LC · 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 4-10-82 in a GR General Retail District. Where either this designation of an open storage activity or another designation might apply, the more restrictive shall govern. (89) Secondhand Merchandise Dealers or Storage: The keeping, handling, storage or use of furniture, appliances and/or other merchandise or goods for sale or display. "Secondhand merchandise" is defined as an item which has previously been sold at the wholesale or retail level or previously used by an individual or business. Except in an I-2 Zoning District, any outdoor storage or display of such merchandise shall require visual screening to the standards set out in
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
