Property profile

3350 Olsen Blvd Amarillo, TX 79109

OFF-MARKET
Other warehouses
Property ID
US83-3953952
6,250 SF 2.35 ac lot Built 2013
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is located on Olsen Boulevard, west of Paramount, and is configured to support office use with either warehouse or retail options that include warehouse space. It provides services for water, sewer, and trash, and includes a designated suite (Suite 1,100) with 1,488 square feet. The interior layout features an office area with two private offices, a restroom, and a large open work area, along with vinyl plank wood flooring in the office area and freshly painted finishes. The rear portion is a warehouse space that includes a 12' x 12' grade-level door for access and loading.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 2013
Total area 6,250 SF
Lot 2.35 ac (102,366 SF)
Zoning code LC
APN R-044-4900-1460
UPID US83-3953952

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
  • Barber Shop
  • Gym & Fitness Center
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Corporate Office
  • Clothing & Fashion Store

Location

3350 Olsen Blvd Amarillo, TX 79109-3003
Amarillo metro Census 10300 AMARILLO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
$755k
Comparable Approach Comparable
$729k
Blend (final) Blend
$740k

Owner & transaction history

since 2014
7 recorded transactions
2025
Price N/A
2018
Price N/A
2017
Price N/A
2014
Price N/A
2006
Price N/A
2005
Price N/A
1969
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
Top alternative use upside
Office building $815,000 +60.4%
Commercial (general) $815,000 +59.9%
Restaurant $670,000 +31.2%

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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