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Property profile & analytics
OFF-MARKET
Distribution centers
3700 Tyler St, Amarillo, TX 79110-1544
Entity Owned
7-yr Hold
Free & Clear
Property ID
US82-2615594
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1967
Total area
2,000 SF
Lot
0.16 ac (6,970 SF)
Zoning code
2F
APN
R-018-4400-2380
UPID
US82-2615594
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
-
panhandle cabinets and doors General Contractor
-
True Tone Paint Co. Painting
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Collins Family Properties LLC · 7 yrs held
Collins Family Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
2F · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,230
Tax year 2023
Assessed value
$64,040
Assessed 2024
Previous assessed
$63,400
+1.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$4,750
Assessed improvement
$59,290
Land market value
$4,750
Improvement market value
$59,290
Total market value
$64,040
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1967
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Total area
2,000 SF
Lot
0.16 ac (6,970 SF)
Zoning code
2F
APN
R-018-4400-2380
UPID
US82-2615594
Jurisdiction
RANDALL
Zoning & alternative use
2F · Amarillo, TX
Zoning 2F · permitted uses
2F · Amarillo, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amarillo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Collins Family Properties LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 9063, AMARILLO, TX 79105-9063
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2019
—
Collins Family Properties LLC
Grasshoppers Bounce House LLC
Warranty Deed
—
Sep 24, 2018
—
Grasshoppers Bounce House LLC
—
Deed
related
$50,431 · Park Place Cap
May 2, 2018
—
Grasshoppers Bounce House LLC
806 Lease LLC
Warranty Deed
$115,000 · 806 Lease LLC
Dec 27, 2016
—
806 Lease LLC
Amarillo Welcome Homes LLC
Warranty Deed
related
—
Nov 6, 2015
—
Amarillo Welcome Homes LLC
Adams Irene J
Warranty Deed
related
—
Jan 22, 2007
—
Irene J Adams
Adams Joe C
Quit Claim Deed
related
—
—
—
Grasshoppers Bounce House LLC
—
Deed Of Trust
related
$50,431 · Park Place Cap
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.
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