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Property profile & analytics
OFF-MARKET Estimated value $765,000
Distribution centers

316 Madison St Amarillo, TX 79101-1234

28,000 SF 0.19 ac lot Built 1950
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US82-3840183
Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1950
Total area 28,000 SF
Lot 0.19 ac (8,276 SF)
Zoning code HC
APN R-031-0500-1855
UPID US82-3840183
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
  • United Refrigeration Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
$986k
Blend (final) Blend
$765k
Owner & transaction history
United Refrigeration INC
United Refrigeration INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
HC · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

to a horse lot (private) located in A, HC, I-1 or I-2 Zoning Districts. Any area used for the keeping of horses under this chapter shall be fenced and shall exclude any area required as minimum Front Yard specified in the Zoning Ordinance of the City. (80) Stable (Private): Any Structure located within a horse lot (private) which is used for the sheltering,…

Zone name Heavy Commercial
General category COMMERCIAL
Zone area 3,592.01 ac
Source code of ordinances
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