Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4010 34th Ave Amarillo, TX 79109-4434
    Back to Search
    Property profile & analytics

    4010 34th Ave, Amarillo, TX 79109-4434

    View on Map
    • Specialty properties
    • 3,653 SF
    • 0.52 lot acres
    Off-Market
    Last Sale Jan 29, 2025
    Property ID
    US83-4241870
    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

    • Acoma Pine Animal-Bird Clinic / Pet Grooming Service

    Property Details for 4010 34th Ave

    Year built
    1983
    Lot size
    0.52 lot acres
    Zone code
    LC
    Property type
    Specialty properties
    APN
    R-044-5000-0120
    APU
    R04450000120

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 29, 2025 — Gitchell D James III Joseph O Praeger Warranty Deed —
    Nov 7, 2022 — Linzy Von Praeger Joseph O Praeger Transfer On Death Deed · related —
    Jul 10, 2007 — Joseph O Praeger Gerald Tom S III Grant Deed $300k · Gerald Tom S III (es)
    — — Joseph Praeger — Deed Of Trust · related $166k · Amarillo National Bank

    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
    -101.883
    Latitude
    35.1788
    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
    $3,592
    $113,256
    $84,434
    $197,690
    -
    $113,256
    $84,434
    $197,690

    Comparable in this City

    • Value Estimation by Request

      4100 Republic Ave

      Office Units
      4100 Republic Ave, Amarillo, TX 79109
      View Details
    • Value Estimation by Request
      10,482 SF

      5400 Bell St

      FUNERAL HOME
      5400 Bell St, Amarillo, TX 79109-6222
      View Details
    • Value Estimation by Request
      6,286 SF

      7200 Cyn Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS
      7200 Cyn Dr, Amarillo, TX 79109-7201
      View Details
    • Value Estimation by Request
      2,800 SF

      2501 Jackson St

      CHARITABLE ORGANIZATION
      2501 Jackson St, Amarillo, TX 79109-2313
      View Details
    • Value Estimation
      $1,160,000
      41,468 SF

      1923 Lincoln St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      1923 Lincoln St, Amarillo, TX 79109-2745
      View Details
    • Value Estimation by Request
      13,756 SF

      3712 Olsen Blvd

      Medical Office Space
      3712 Olsen Blvd, Amarillo, TX 79109
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,895 SF

      Retail Property in High-Traffic Corridor

      Freestanding retail building in Amarillo's established retail corridor.
      2100 S Georgia St, Amarillo, TX 79109
      View Details
    • $585,000
      2,400 SF

      Retail Condo NNN Lease Space

      Retail condo space leased to Palm Beach Tan with NNN lease.
      6208 Hillside Rd, 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

      Retail Tract on Georgia Street

      Prime commercial land for development in high-traffic retail corridor.
      3000 S Georgia St, Amarillo, TX 79109
      View Details
    • Contact for pricing

      Commercial Lot on Bell

      Drive-thru or restaurant lot with utilities on Bell.
      Bell At Hyde Pkwy, Amarillo, TX 79109
      View Details
    • Contact for pricing

      Industrial Property with Billboard Advertising

      Industrial property featuring easy access, frontage, and advertising opportunities.
      6636 Canyon Dr, Amarillo, TX 79109
      View Details

    Similar Nearby for Lease

    • $3,589,000

      High-Visibility Retail Shopping Center

      High-visibility retail in a triple-net setup with ample parking and strong Southwest Amarillo area draw.
      6801 Bell St S, Amarillo, TX 79109
      View Details
    • Contact for pricing

      Retail Space in High-Traffic Center

      Thriving retail center with high visibility and traffic.
      3318 S Georgia St, Amarillo, TX 79109
      View Details
    • Contact for pricing
      1,800 SF

      Retail Center in Prime Location

      Retail spaces available in a well-located shopping center.
      6017 Hillside Rd, Amarillo, TX 79109
      View Details
    • Contact for pricing
      277 SF

      Office Space Available For Rent

      Office space featuring vinyl flooring and sink plumbing.
      4551 S Western St, Amarillo, TX 79109
      View Details
    • Contact for pricing
      1,134 SF

      Move-in Ready Retail Space Available

      Retail space with open layout, restroom, and office/storeroom.
      2921 I-40, Amarillo, TX 79109
      View Details
    • Contact for pricing

      Lakeview Professional Center Office Space

      Centrally located office complex near shopping and restaurants for lease.
      2400 Lakeview Dr, 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.
    4010 34th Ave
    Amarillo, TX 79109-4434
    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

    Thank You for Inquiry
    4010 34th Ave, Amarillo, TX, 79109
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!