3505 24th Ave Amarillo, TX 79107-6919
- Grocery and convenience stores
- 56,235 SF
- 4.18 lot acres
Feb 17, 2023
Current Use by Public Records
- Spin City Laundromat Amarillo / Laundromat
- Jackson Hewitt Tax Service / Tax Preparation
- Kyai Tha Ri Market / Asian Grocery Store
Property Details for 3505 24th Ave
- Year built
- 1978
- Lot size
- 4.18 lot acres
- Property size
- 56,235 SF
- Zone code
- GR
- Property type
- Grocery and convenience stores
- APN
- R-073-0500-0075
- APU
- R07305000075
Description
This exceptional single-tenant grocery store, located at 3505 NE 24th Ave, Amarillo, TX 79107, presents a compelling investment opportunity. Built in 1979 and renovated in 2010, the property boasts a substantial 57,775 square feet on a single story. Its strategic location at the intersection of Grand and NE 24th boasts high visibility and significant traffic, with a daily count of 20,000 vehicles. The property is zoned GR - General Retail, making it ideal for its current use or potential redevelopment. Situated in a densely populated residential area of Northeast Amarillo, this location benefits from strong local demand. The property taxes are $45,014.12 per square foot. This well-maintained building offers a stable income stream and significant potential for future growth within a thriving Amarillo neighborhood. The property's size and location make it an attractive investment for both seasoned and emerging investors seeking a strong return in a stable market. Further details are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amarillo
- County
- Potter
- State
- Texas
- Longitude
- -101.796
- Latitude
- 35.2378
- CBSA code
- 11100
- CBSA name
- AMARILLO, TX METROPOLITAN STATISTICAL AREA
