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    FOR SALE
    Outlet malls

    2711 Stanley St, Amarillo, TX 79109

    24,000 SF 0.32 ac lot Built 1952
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US82-2499751
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents three strategically located commercial properties in Texas for $1,300,000. The portfolio comprises three buildings totaling 8,000 to 32,000 square feet across three distinct Texas cities: Amarillo, Borger, and Dumas. Each property offers unique advantages and significant potential. In Amarillo, a four-story building at 2711 Stanley Street boasts a lifetime-warrantied TPO roof system and presents a blank canvas for redevelopment, ideal for mixed-use projects or a boutique hotel. The building's historic charm combines with modern adaptability. In Borger, 729 N Main Street provides high visibility on a major commercial thoroughfare, perfect for retail or office use. Its spacious layout allows for customization to suit various business needs. Finally, in Dumas, 1200 S Dumas Avenue features a newly installed metal roof, reducing future maintenance costs. This property offers a large showroom and upstairs office space, suitable for retail, service, or light industrial businesses. All three properties are zoned for commercial use and benefit from high-traffic locations, ensuring strong potential for return on investment. The portfolio's versatility allows for a wide range of commercial uses, making it an attractive proposition for investors seeking diverse and strategically located assets in a growing market. The properties are turnkey ready, offering immediate occupancy and the potential for significant future appreciation. This is a rare opportunity to acquire a well-positioned, multi-property portfolio at a compelling price point.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1952
    Total area 24,000 SF
    Lot 0.32 ac (13,939 SF)
    Zoning code LC
    APN R-044-4600-2065
    UPID US82-2499751
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Testosterone ApexEssence Therapy Center Medical Clinic
    • Super-Rentals Electronics & Wireless Store
    • Stanley Street Investments Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $760k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.03M
    Blend (final) Blend
    $895k
    Owner & transaction history
    Super Rentals INC · 12 yrs held
    Super Rentals INC
    since 2013
    1 recorded transaction
    2013
    Zoning & alternative use
    LC · Amarillo, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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