Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3913 Bell St Amarillo, TX 79109-4266
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3913 Bell St Amarillo, TX 79109-4266

    View on Map
    • Office buildings
    • 3,000 SF
    • 0.23 lot acres
    Off-Market
    Last Sale Aug 21, 2023
    Property ID
    US82-0407923
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cody Long: Allstate Insurance / Insurance Agency
    • Cody Long: Allstate Insurance Company / Insurance Agency
    • Allstate Personal Financial Representative: Preston Ogburn / Financial Advisor
    • JT Insurance / Insurance Agency

    Property Details for 3913 Bell St

    Year built
    1977
    Lot size
    0.23 lot acres
    Property size
    3,000 SF
    Zone code
    PD
    Property type
    Office buildings
    APN
    R-065-2300-1706
    APU
    R06523001706

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Amarillo
    County
    Randall
    State
    Texas
    Longitude
    -101.902
    Latitude
    35.1685
    CBSA code
    11100
    CBSA name
    AMARILLO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2018
    $4,882
    $50,094
    $268,585
    $318,679
    -
    $50,094
    $268,585
    $318,679

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      4511 Western St

      OFFICE BUILDING • 1,800 SF
      4511 Western St, Amarillo, TX 79109-6022
      View Details
    • Value Estimation by Request
      1,512 SF

      2801 Westhaven Cir

      OFFICE BUILDING • 1,512 SF
      2801 Westhaven Cir, Amarillo, TX 79109-3304
      View Details
    • Value Estimation
      $21,195,000
      112,005 SF

      5800 Bell St

      OFFICE BUILDING • 112,005 SF
      5800 Bell St, Amarillo, TX 79109-6230
      View Details
    • Value Estimation by Request
      1,425 SF

      3100 Georgia St

      OFFICE BUILDING • 1,425 SF
      3100 Georgia St, Amarillo, TX 79109-3441
      View Details
    • Value Estimation
      $1,180,000
      6,040 SF

      2915 Interstate 40

      OFFICE BUILDING • 6,040 SF
      2915 Interstate 40, Amarillo, TX 79109-1607
      View Details
    • Value Estimation
      $535,000
      3,044 SF

      6208 Cyn Dr

      OFFICE BUILDING • 3,044 SF
      6208 Cyn Dr, Amarillo, TX 79109-6730
      View Details

    Similar Nearby for Sale

    • $749,000
      24,000 SF

      Iconic Amarillo Commercial Building

      Four-story commercial building with redevelopment potential in Amarillo, Texas.
      2711 Stanley St, Amarillo, TX 79109
      View Details
    • Contact for pricing
      11,500 SF

      Renovated Office Building For Sale

      11,500 SF office building renovated in 2015, great signage.
      5625 Fulton Dr, Amarillo, TX 79109
      View Details
    • Contact for pricing
      32,000 SF

      Grand 4-Story Commercial Building

      Expansive 4-story building with historical significance and redevelopment potential.
      2711 Stanley St, Amarillo, TX 79109
      View Details
    • $395,000

      Freestanding Office Building For Sale

      Freestanding office building near I-40 and S. Georgia St.
      2620 S Kentucky St, Amarillo, TX 79109
      View Details
    • Contact for pricing
      8,000 SF

      Amarillo Commercial Property For Sale

      8,000 SF commercial property in Amarillo, Texas for sale.
      4710 Bell St, Amarillo, TX 79109
      View Details
    • $460,000

      Spacious Office Space with I-27 Frontage

      End-cap office space featuring executive offices, secure rooms, and generator.
      5500 Bluebird St, Amarillo, TX 79109
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      High-Rise Office Building in Amarillo

      High-rise office building with ample parking and accessible location.
      2201 Civic Cir, Amarillo, TX 79109
      View Details
    • Contact for pricing

      High Rise Office Building

      High rise office building in central Amarillo with ample parking.
      2201 Civic Cir, Amarillo, TX 79109
      View Details
    • Contact for pricing

      Office Building with Natural Lighting

      Office building with natural lighting atrium in southwest Amarillo.
      3505 Olsen Blvd, Amarillo, TX 79109
      View Details
    • Contact for pricing

      Office/Retail Space in Peppertree Square

      Office/retail space in Peppertree Square, Amarillo, TX for sublease.
      2600 Paramount Blvd, Amarillo, TX 79109
      View Details
    • $1,500 /Mo

      Professional Office Space Available Now

      Versatile office space with private offices, reception, and breakroom.
      2920 Duniven Cir, Amarillo, TX 79109
      View Details
    • $14 SF/Yr
      20,844 SF

      Copper Ridge Shopping Center

      Neighborhood centers • 20,844 SF
      6801 Bell St, Amarillo, TX 79109
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3913 Bell St
    Amarillo, TX 79109-4266
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!