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Financial
Distress signals
Property profile

3501 Soncy Rd S Amarillo, TX 79119

FOR LEASE
Retail space
Property ID
US82-2139034
1,560 SF 11.31 ac lot Built 1995
Last sale Nov 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional single-story Class B office building, located at 3501 S Soncy Rd, Amarillo, TX 79119 (near the intersection of 34th Street & Soncy Road), offers a unique blend of medical and creative office spaces. The property boasts a total of four suites within a single building, providing a range of sizes to accommodate various business needs. Currently, there are 18,913 square feet of vacant space available, with minimum divisible units starting at 1,475 square feet and the maximum…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2018

What does the county charge?
$170k
Tax billed · 2018
Assessed value · 2024$8.33M
Assessed land$2.46M
Assessed improvement$5.86M
Effective rate2.04%

Value estimate

· Oct 2026
$195k
$176k – $215k
AI approach$195k
NOI build-up
Gross scheduled income$1.54M
Vacancy & credit loss−$231k
Operating expenses−$327k
NOI · 7,011,385.71% cap applied$982k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7,011,385.71%
$982k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PD
District is to recognized that it may be desirable that certain areas of the city be developed in accordance with plans prepared and appr...
General categoryPLANNED_DEVELOPMENT
JurisdictionRANDALL

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.5
HVAC Service14.1
Building Supply13.0

Location

3501 Soncy Rd S Amarillo, TX 79119
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

16 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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