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Property profile & analytics
OFF-MARKET
Office buildings

4021 50th Ave Amarillo, TX 79109-6125

1,705 SF 0.15 ac lot Built 1962
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-4280338
Property summary
AI-generated overview

This exceptional 1,705-square-foot commercial property, located at 4021 SW 50th Ave in Amarillo, Texas, 79109, presents a unique opportunity for businesses seeking a versatile and updated workspace. The single-tenant building boasts a Class C rating and underwent extensive renovations in 2024, ensuring modern amenities and functionality. The layout includes four private offices, a welcoming reception area, a spacious bull room perfect for collaborative work or meetings, two bathrooms, a convenient break room, and dedicated storage space. The property features central heating and air conditioning for year-round comfort. Ample parking is available with eight spaces provided on-site. The building is a single-story structure, offering easy accessibility and a streamlined workflow. Its location on a busy street ensures high visibility and convenient access for clients and employees. This property is suitable for a variety of office uses, including creative office, executive office, traditional office, and coworking spaces. The property type is classified as Retail, Office, and Special Purpose, offering flexibility for diverse business needs. Don't miss this chance to secure a fully renovated, well-appointed office space in a prime Amarillo location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1962
Total area 1,705 SF
Lot 0.15 ac (6,534 SF)
Zoning code LC
APN R-086-3450-0270
UPID US82-4280338
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Pace Enterprises LLC · 5 yrs held
Pace Enterprises LLC
since 2021
6 recorded transactions
2021
Price N/A
2020
Price N/A
2016
Price N/A
2016
Price N/A
2012
Price N/A
1969
Price N/A
Zoning & alternative use
LC · Amarillo, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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