Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2800 NW 9Th Ave Amarillo, TX 79106

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2800 NW 9Th Ave Amarillo, TX 79106

    View on Map
    • Churches & religious facilities
    • 26,856 SF
    • 7.65 lot acres
    For Sale
    $635,000
    View Listing →
    Special Purpose Property For Sale For Sale
    $635,000
    26,856 SF

    Special Purpose Property For Sale

    26,856 SqFt special purpose commercial property available.

    2800 NW 9th Ave, Amarillo, TX 79106
    View Listing
    Property ID
    US82-2640993
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Summit Baptist Church / Church

    Property Details for 2800 NW 9Th Ave

    Year built
    1935
    Lot size
    7.65 lot acres
    Property size
    26,856 SF
    Property type
    Churches & religious facilities

    Description

    This exceptional investment opportunity presents a substantial 26,856-square-foot building situated on a generous 7.65-acre lot in Amarillo, Texas. The property, located at 2800 NW 9th Ave, 79106, is conveniently close to W Amarillo Blvd. Originally constructed in 1935 as a school, the single-story building currently functions as a church. The asking price is $225,000, translating to a price per square foot of $8.38. This presents a unique chance to acquire a large, well-established property with significant potential for various uses, given its size and prime location. The property's substantial acreage offers ample space for expansion, redevelopment, or continued use as a religious facility. Its history as both a school and a church speaks to its adaptability and enduring appeal within the community. The property's potential is further enhanced by its proximity to W Amarillo Blvd, offering excellent visibility and accessibility. Serious inquiries are encouraged to explore the possibilities this remarkable property offers. Potter County location provides access to local amenities and infrastructure.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Potter
    State
    Texas
    Longitude
    -101.8680531
    Latitude
    35.2235544

    Comparable in this City

    • Contact for pricing
      18,073 SF

      Prime Land Value Opportunity

      Church property with land value play in growing residential area.
      4714 4Th Ave NW, Amarillo, TX 79106
      View Details
    • $635,000
      26,856 SF

      Amarillo Church and School Facility

      7.65-acre property with redevelopment potential in Amarillo, Texas.
      2800 NW 9Th Ave, Amarillo, TX 79106
      View Details
    • $140,000
      2,650 SF

      Shop and Office on Corner Lot

      Shop and office space on a .56 acre corner lot.
      2621 W Amarillo Blvd, Amarillo, TX 79106
      View Details
    • $635,000
      26,856 SF

      Special Purpose Property For Sale

      26,856 SqFt special purpose commercial property available.
      2800 NW 9Th Ave, Amarillo, TX 79106
      View Details
    • Contact for pricing
      0.16 Acres

      Amarillo, TX Vacant Lot

      Vacant lot in established area, ideal for development.
      2406 SW 2Nd Ave, Amarillo, TX 79106
      View Details
    • $1,590,000
      18,073 SF

      Amarillo Commercial Property - 5 Acres

      Spacious Multi-use Commercial Building, 5 Acres
      4714 4Th Ave, Amarillo, TX 79106
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,073 SF

      Prime Land Value Opportunity

      Church property with land value play in growing residential area.
      4714 4Th Ave NW, Amarillo, TX 79106
      View Details
    • $635,000
      26,856 SF

      Amarillo Church and School Facility

      7.65-acre property with redevelopment potential in Amarillo, Texas.
      2800 NW 9Th Ave, Amarillo, TX 79106
      View Details
    • $140,000
      2,650 SF

      Shop and Office on Corner Lot

      Shop and office space on a .56 acre corner lot.
      2621 W Amarillo Blvd, Amarillo, TX 79106
      View Details
    • $635,000
      26,856 SF

      Special Purpose Property For Sale

      26,856 SqFt special purpose commercial property available.
      2800 NW 9Th Ave, Amarillo, TX 79106
      View Details
    • Contact for pricing
      0.16 Acres

      Amarillo, TX Vacant Lot

      Vacant lot in established area, ideal for development.
      2406 SW 2Nd Ave, Amarillo, TX 79106
      View Details
    • $80,000

      Commercial Lot with Office Area

      Fenced storage lot with small office in Amarillo, TX.
      2213 SW 1St Ave, Amarillo, TX 79106
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 750 to 157,014 SqFt.
      7701 I-40, Amarillo, TX 79106
      View Details
    • Contact for pricing

      Retail Space in High-Traffic Center

      Retail space available for lease in a high-traffic retail center.
      Olsen Vlg East, Amarillo, TX 79106
      View Details
    • Contact for pricing

      Prime Pad Site For Lease

      Highly visible 1-acre pad site for ground lease.
      6005 Lowes Ln, Amarillo, TX 79106
      View Details
    • $1,200 /Mo

      Shop and Office Space

      Commercial space for shop and office use on corner lot.
      2621 W Amarillo Blvd, Amarillo, TX 79106
      View Details
    • Contact for pricing
      3,313 SF

      High Visibility Office Space Available

      Office space with I-40 visibility and flexible layout.
      4211 W Interstate 40, Amarillo, TX 79106
      View Details
    • $23 SF/Yr

      Office Tower in Medical District

      Professional office space in Amarillo Medical District with modern amenities.
      1215 S Coulter St, Amarillo, TX 79106
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2800 NW 9Th Ave
    Amarillo, TX 79106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!