Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Medical Office Space
3635 Soncy Rd Amarillo, TX 79119-6402
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-3866932
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
9,884 SF
Lot
0.83 ac (36,155 SF)
Zoning code
O1
APN
R-073-0540-4075
UPID
US82-3866932
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
Current use
Occupant on record · Public records
-
Premier Vision Services, PLLC, now part of MyEyeDr. Eye Care Center Contact Lenses Supplier
-
John Todd Cornett, OD Physician
-
Craig J Gladman Pa Physician
-
Beasley's Optical Ophthalmologist (Bike/Boat/Book/etc) Store
-
Jim Moore PC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$913k
Blend (final)
Blend
$1.01M
Owner & transaction history
Pi Group Ltd · 14 yrs held
Pi Group Ltd
since 2011
7 recorded transactions
Zoning & alternative use
O1 · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Office building
$1.6M
+144.5%
Commercial (general)
$1.4M
+114.4%
Restaurant
$925,000
+41.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Amarillo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amarillo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$655,000
Current use
OFFICE BUILDING
$1,600,000
Change: +144% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,400,000
Change: +114% · Conversion: Easy
RESTAURANT
$925,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$725,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2018Property tax & assessments
Tax year 2018
Tax billed
$30,620
Tax year 2018
Assessed value
$1,943,252
Assessed 2024
Previous assessed
$1,529,195
+27.1% YoY
Effective rate
1.58%
On assessed value
Assessed land
$253,084
Assessed improvement
$1,690,168
Land market value
$253,084
Improvement market value
$1,690,168
Total market value
$1,943,252
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
NONE
Stories
2
Total area
9,884 SF
Lot
0.83 ac (36,155 SF)
Zoning code
O1
APN
R-073-0540-4075
UPID
US82-3866932
Jurisdiction
RANDALL
Zoning & alternative use
O1 · Amarillo, TXZoning O1 · permitted uses
O1 · Amarillo, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$655,000
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RESTAURANT
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$725,000
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.83 ac
Current owner
From public records · entity-resolved
Pi Group Ltd
Entity
Mailing address
1753 S TREBLED WATERS TRL, DRIFTWOOD, TX 78619-8106
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2011
—
Pi Group Ltd
—
Deed Of Trust
related
$228,200 · First United Bk
Aug 22, 2006
—
Pi Group Ltd
—
Trustees Deed
related
$643,000 · First United Bank
—
—
Pi Group Ltd
—
Deed Of Trust
related
$300,000 · First United Bk
—
—
Pi Group Ltd
—
Loan Modification
related
$500,000 · First United Bk
—
—
Pi Group Ltd
—
Loan Modification
related
$177,616 · United Bk
—
—
Pvs Group LLC
—
Loan Modification
related
$228,200 · First United Bk
—
—
Pi Group Ltd
—
Deed Of Trust
related
$228,200 · First United Bank
—
—
Pi Group Ltd
—
Deed Of Trust
related
$500,000 · First United Bk
—
—
Pi Group Ltd
—
Deed Of Trust
related
$391,013 · First United Bk
—
—
Pi Group Ltd
—
Loan Modification
related
$304,005 · First United Bk
—
—
Pi Group Ltd
—
Loan Modification
related
$29,823 · First United Bk
—
—
Pi Group Ltd
—
Deed Of Trust
related
$803,750 · First United Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3635 Soncy Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
