Property profile

2711 Stanley St Amarillo, TX 79109

FOR SALE
Outlet malls
Property ID
US82-2499751
24,000 SF 0.32 ac lot Built 1952
Entity Owned 13-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Electronics & Wireless Store
  • Bank Loan Service

Location

2711 Stanley St Amarillo, TX 79109
Amarillo metro Census 10300 AMARILLO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$760k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$760k

Owner & transaction history

since 2013
1 recorded transaction
2013
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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