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Property profile & analytics
OFF-MARKET
Banks

3601 Washington St Amarillo, TX 79110-1302

2,809 SF 0.64 ac lot Built 1996
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US82-3485823
Property summary
AI-generated overview

This exceptional 2,809 square foot free-standing retail building is ideally situated in Amarillo, Texas, at 3601 S Washington, zip code 79110, in Randall County. Boasting excellent visibility and high traffic counts, this property enjoys a prominent location with 29,140 cars passing daily at the intersection of I-27 and Washington. Previously occupied by a Bank of America drive-up satellite location, the building features four drive-up lanes, four teller windows, three offices, and a spacious waiting area. The building sits on a substantial 27,878 square foot lot and is zoned GR. The entire 2,809 square feet is currently vacant and available for lease at a gross monthly rent of $2,950. This presents a unique opportunity for a business seeking a high-profile location with existing infrastructure suited for various retail uses. The property's convenient access and ample space make it an attractive option for a wide range of businesses.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1996
Total area 2,809 SF
Lot 0.64 ac (27,878 SF)
Zoning code GR
APN R-044-6400-1950
UPID US82-3485823
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Menaldi Family Enterprises Ltd · 1 yrs held
Menaldi Family Enterprises Ltd
since 2024
2 recorded transactions
2024
Price N/A
2018
Price N/A
Zoning & alternative use
GR · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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