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Property profile & analytics
FOR SALE
Warehouses
3101 E Fm 1151 Amarillo, TX 79118
Entity Owned
1-yr Hold
Free & Clear
Property ID
US83-0607520
For Sale
1 / 17
$695,000
3101 E Fm 1151, Amarillo, TX 79118
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Total area
1,960 SF
Lot
1.03 ac (44,867 SF)
APN
R-073-1900-0670
UPID
US83-0607520
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
3101 E Fm 1151 LLC · 1 yrs held
3101 E Fm 1151 LLC
since 2024
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Amarillo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amarillo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2018Property tax & assessments
Tax year 2018
Tax billed
$995
Tax year 2018
Assessed value
$398,216
Assessed 2024
Previous assessed
$362,582
+9.8% YoY
Effective rate
0.25%
On assessed value
Assessed land
$12,800
Assessed improvement
$385,416
Land market value
$12,800
Improvement market value
$385,416
Total market value
$398,216
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1998
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Total area
1,960 SF
Lot
1.03 ac (44,867 SF)
APN
R-073-1900-0670
UPID
US83-0607520
Jurisdiction
RANDALL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
1.03 ac
Current owner
From public records · entity-resolved
3101 E Fm 1151 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 755, CANYON, TX 79015-0755
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2024
—
3101 E Fm 1151 LLC
Ty Roberts
Special Warranty Deed
—
Jun 26, 2020
—
Ty Roberts
—
Deed
related
$244,098 · Firstbank Southwest
Dec 30, 2019
—
Ty Roberts
—
Deed
related
$120,000 · Firstbank Southwest
Jul 19, 2017
—
Ty Roberts
Joey Woolley
Warranty Deed
$144,075 · Firstbank Southwest
—
—
Ty Roberts
—
Deed Of Trust
related
$120,000 · Firstbank Southwest
—
—
Ty Roberts
—
Deed Of Trust
related
$244,098 · Firstbank Southwest
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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