Property profile

3500 Interstate 40 Amarillo, TX 79102

OFF-MARKET
Retail space
Property ID
US82-3994470
9,770 SF 0.77 ac lot Built 1968
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Total area 9,770 SF
Lot 0.77 ac (33,541 SF)
Zoning code GR
APN R-022-1350-1000
UPID US82-3994470

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3500 Interstate 40 Amarillo, TX 79102-2111
Amarillo metro Census 11600 AMARILLO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.45M
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.42M

Owner & transaction history

since 2012
4 recorded transactions
2012
Price N/A
2012
Price N/A
2008
Price N/A
1969
Price N/A

Zoning & alternative use

GR · 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
Commercial (general) $1.6M +76.5%
Office building $1.5M +61.5%
Auto repair, garage $1.3M +42.0%

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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